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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 -13.72% first-year return on $68,589 initial cash invested.

-13.72%

Cash On Cash

2.78%

Cap Rate

0.44

DSCR

$1,689

Rent

-$784

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,689 income − $2,473 expenses = $784 out of pocket

Income$1,689Out of Pocket$784Mortgage P&I$1,27475%Property Taxes$30118%Insurance$875%Management$25315%CapEx$684%Maintenance$684%Other$42225%

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

$1,689

Total Expenses

$2,473

Mortgage P&I

75%

$1,274

Property Taxes

18%

$301

Home Insurance

5%

$87

HOA

0%

$0

Property Management

15%

$253

CapEx

4%

$68

Vacancy

0%

$0

Maintenance

4%

$68

Other

25%

$422

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