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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 0.94% first-year return on $57,144 initial cash invested.

0.94%

Cash On Cash

7.42%

Cap Rate

1.14

DSCR

$2,385

Rent

$45

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,385 income − $2,340 expenses = $45 cash flow

Income$2,385Mortgage P&I$1,01342%Property Taxes$1175%Insurance$663%Management$35815%CapEx$954%Maintenance$954%Other$59625%Cash Flow$45

Investment Breakdown

|

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

$2,385

Total Expenses

$2,340

Mortgage P&I

42%

$1,013

Property Taxes

5%

$117

Home Insurance

3%

$66

HOA

0%

$0

Property Management

15%

$358

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$596

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