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16362 Paddock Club Blvd, Linden, MI 48451

3 beds • 2 baths • 1456 sqft

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This property looks like a bad Airbnb investment with a projected -1.29% first-year return on $89,400 initial cash invested.

-1.29%

Cash On Cash

6.19%

Cap Rate

1.04

DSCR

$3,964

Rent

-$96

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,964 income − $4,060 expenses = $96 out of pocket

Income$3,964Out of Pocket$96Mortgage P&I$1,69143%Property Taxes$3469%Insurance$1193%Management$59515%CapEx$1594%Maintenance$1594%Other$99125%

Investment Breakdown

|

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

$3,964

Total Expenses

$4,060

Mortgage P&I

43%

$1,691

Property Taxes

9%

$346

Home Insurance

3%

$119

HOA

0%

$0

Property Management

15%

$595

CapEx

4%

$159

Vacancy

0%

$0

Maintenance

4%

$159

Other

25%

$991

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