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1795 Howell Hwy, Adrian, MI 49221

3 beds • 3 baths • 2106 sqft

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This property looks like a bad Airbnb investment with a projected -8.53% first-year return on $75,729 initial cash invested.

-8.53%

Cash On Cash

3.89%

Cap Rate

0.66

DSCR

$2,148

Rent

-$538

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,729

Downpayment

20%

$54,980

Closing costs

1%

$2,749

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,148

Total Expenses

$2,686

Mortgage P&I

63%

$1,343

Property Taxes

10%

$216

Home Insurance

4%

$96

HOA

0%

$0

Property Management

15%

$322

CapEx

4%

$86

Vacancy

0%

$0

Maintenance

4%

$86

Other

25%

$537

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