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15967 Ryan Dr, Holland, MI 49424

3 beds • 2 baths • 1894 sqft

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This property might be a fair Airbnb investment with a projected 0.6% first-year return on $97,779 initial cash invested.

0.6%

Cash On Cash

6.57%

Cap Rate

1.12

DSCR

$4,340

Rent

$49

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,340 income − $4,291 expenses = $49 cash flow

Income$4,340Mortgage P&I$1,85643%Property Taxes$2185%Insurance$1333%Management$65115%CapEx$1744%Maintenance$1744%Other$1,08525%Cash Flow$49

Investment Breakdown

|

Purchase Price

$380k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,779

Downpayment

20%

$75,980

Closing costs

1%

$3,799

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,340

Total Expenses

$4,291

Mortgage P&I

43%

$1,856

Property Taxes

5%

$218

Home Insurance

3%

$133

HOA

0%

$0

Property Management

15%

$651

CapEx

4%

$174

Vacancy

0%

$0

Maintenance

4%

$174

Other

25%

$1,085

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