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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 -22.44% first-year return on $138k initial cash invested.

-22.44%

Cash On Cash

0.67%

Cap Rate

0.11

DSCR

$1,797

Rent

-$2,572

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,797 income − $4,369 expenses = $2,572 out of pocket

Income$1,797Out of Pocket$2,572Mortgage P&I$2,819157%Property Taxes$45425%Insurance$23313%Management$27015%CapEx$724%Maintenance$724%Other$44925%

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

$1,797

Total Expenses

$4,369

Mortgage P&I

157%

$2,819

Property Taxes

25%

$454

Home Insurance

13%

$233

HOA

0%

$0

Property Management

15%

$270

CapEx

4%

$72

Vacancy

0%

$0

Maintenance

4%

$72

Other

25%

$449

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