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17287-10 Mile Rd, Battle Creek, MI 49014

3 beds • 2 baths • 2276 sqft

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This property looks like a bad Airbnb investment with a projected -2.45% first-year return on $68,589 initial cash invested.

-2.45%

Cash On Cash

6.23%

Cap Rate

0.98

DSCR

$2,927

Rent

-$140

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,927 income − $3,067 expenses = $140 out of pocket

Income$2,927Out of Pocket$140Mortgage P&I$1,27444%Property Taxes$30110%Insurance$873%Management$43915%CapEx$1174%Maintenance$1174%Other$73225%

Investment Breakdown

|

Purchase Price

$241k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,589

Downpayment

20%

$48,180

Closing costs

1%

$2,409

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,927

Total Expenses

$3,067

Mortgage P&I

44%

$1,274

Property Taxes

10%

$301

Home Insurance

3%

$87

HOA

0%

$0

Property Management

15%

$439

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$732

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