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1616 Cascade Ct, Jackson, MI 49203

3 beds • 2 baths • 1785 sqft

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This property might be a fair Airbnb investment with a projected 0.43% first-year return on $71,823 initial cash invested.

0.43%

Cash On Cash

6.59%

Cap Rate

1.12

DSCR

$3,115

Rent

$26

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,115 income − $3,089 expenses = $26 cash flow

Income$3,115Mortgage P&I$1,25740%Property Taxes$2458%Insurance$913%Management$46715%CapEx$1254%Maintenance$1254%Other$77925%Cash Flow$26

Investment Breakdown

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Purchase Price

$256k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,823

Downpayment

20%

$51,260

Closing costs

1%

$2,563

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,115

Total Expenses

$3,089

Mortgage P&I

40%

$1,257

Property Taxes

8%

$245

Home Insurance

3%

$91

HOA

0%

$0

Property Management

15%

$467

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$779

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