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1678 Stonehaven Dr, Holt, MI 48842

3 beds • 3 baths • 2362 sqft

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This property looks like a bad Airbnb investment with a projected -11.1% first-year return on $89,631 initial cash invested.

-11.1%

Cash On Cash

4.18%

Cap Rate

0.63

DSCR

$3,140

Rent

-$829

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,140 income − $3,969 expenses = $829 out of pocket

Income$3,140Out of Pocket$829Mortgage P&I$1,89060%Property Taxes$45014%Insurance$1214%Management$47115%CapEx$1264%Maintenance$1264%Other$78525%

Investment Breakdown

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Purchase Price

$341k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,631

Downpayment

20%

$68,220

Closing costs

1%

$3,411

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,140

Total Expenses

$3,969

Mortgage P&I

60%

$1,890

Property Taxes

14%

$450

Home Insurance

4%

$121

HOA

0%

$0

Property Management

15%

$471

CapEx

4%

$126

Vacancy

0%

$0

Maintenance

4%

$126

Other

25%

$785

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