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1621 Preservation Ln, Saint Clair, MI 48079

3 beds • 3 baths • 1753 sqft

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This property looks like a bad Airbnb investment with a projected -22.59% first-year return on $138k initial cash invested.

-22.59%

Cash On Cash

0.63%

Cap Rate

0.11

DSCR

$1,760

Rent

-$2,590

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,760 income − $4,350 expenses = $2,590 out of pocket

Income$1,760Out of Pocket$2,590Mortgage P&I$2,819160%Property Taxes$45426%Insurance$23313%Management$26415%CapEx$704%Maintenance$704%Other$44025%

Investment Breakdown

|

Purchase Price

$569k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$138k

Downpayment

20%

$114k

Closing costs

1%

$5,693

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$1,760

Total Expenses

$4,350

Mortgage P&I

160%

$2,819

Property Taxes

26%

$454

Home Insurance

13%

$233

HOA

0%

$0

Property Management

15%

$264

CapEx

4%

$70

Vacancy

0%

$0

Maintenance

4%

$70

Other

25%

$440

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