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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 -7.25% first-year return on $67,329 initial cash invested.

-7.25%

Cash On Cash

4.73%

Cap Rate

0.75

DSCR

$2,655

Rent

-$407

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,655 income − $3,062 expenses = $407 out of pocket

Income$2,655Out of Pocket$407Mortgage P&I$1,22746%Property Taxes$47918%Insurance$823%Management$39815%CapEx$1064%Maintenance$1064%Other$66425%

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

$2,655

Total Expenses

$3,062

Mortgage P&I

46%

$1,227

Property Taxes

18%

$479

Home Insurance

3%

$82

HOA

0%

$0

Property Management

15%

$398

CapEx

4%

$106

Vacancy

0%

$0

Maintenance

4%

$106

Other

25%

$664

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