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1930 Beacon Hill Dr, Lansing, MI 48906

3 beds • 2 baths • 1200 sqft

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This property looks like a bad Airbnb investment with a projected -7.7% first-year return on $67,329 initial cash invested.

-7.7%

Cash On Cash

4.59%

Cap Rate

0.73

DSCR

$2,607

Rent

-$432

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,607 income − $3,039 expenses = $432 out of pocket

Income$2,607Out of Pocket$432Mortgage P&I$1,22747%Property Taxes$47918%Insurance$823%Management$39115%CapEx$1044%Maintenance$1044%Other$65225%

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,329

Downpayment

20%

$46,980

Closing costs

1%

$2,349

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,607

Total Expenses

$3,039

Mortgage P&I

47%

$1,227

Property Taxes

18%

$479

Home Insurance

3%

$82

HOA

0%

$0

Property Management

15%

$391

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$652

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