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1613 Calcite Trl, Gaylord, MI 49735

3 beds • 2 baths • 1080 sqft

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This property might be a fair Airbnb investment with a projected 1.68% first-year return on $57,144 initial cash invested.

1.68%

Cash On Cash

7.67%

Cap Rate

1.18

DSCR

$2,454

Rent

$80

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,454 income − $2,374 expenses = $80 cash flow

Income$2,454Mortgage P&I$1,01341%Property Taxes$1175%Insurance$663%Management$36815%CapEx$984%Maintenance$984%Other$61425%Cash Flow$80

Investment Breakdown

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Purchase Price

$186k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,144

Downpayment

20%

$37,280

Closing costs

1%

$1,864

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,454

Total Expenses

$2,374

Mortgage P&I

41%

$1,013

Property Taxes

5%

$117

Home Insurance

3%

$66

HOA

0%

$0

Property Management

15%

$368

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$614

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