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16362 Paddock Club Blvd, Linden, MI 48451

3 beds • 2 baths • 1456 sqft

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This property might be a fair Airbnb investment with a projected 4.27% first-year return on $89,400 initial cash invested.

4.27%

Cash On Cash

7.76%

Cap Rate

1.3

DSCR

$4,757

Rent

$318

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,757 income − $4,439 expenses = $318 cash flow

Income$4,757Mortgage P&I$1,69136%Property Taxes$3467%Insurance$1193%Management$71415%CapEx$1904%Maintenance$1904%Other$1,18925%Cash Flow$318

Investment Breakdown

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Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,400

Downpayment

20%

$68,000

Closing costs

1%

$3,400

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,757

Total Expenses

$4,439

Mortgage P&I

36%

$1,691

Property Taxes

7%

$346

Home Insurance

3%

$119

HOA

0%

$0

Property Management

15%

$714

CapEx

4%

$190

Vacancy

0%

$0

Maintenance

4%

$190

Other

25%

$1,189

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