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2054 Hardwood Dr, Davison, MI 48423

3 beds • 2 baths • 2728 sqft

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This property might be a fair Airbnb investment with a projected 8.39% first-year return on $74,490 initial cash invested.

8.39%

Cash On Cash

9.01%

Cap Rate

1.52

DSCR

$4,164

Rent

$521

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$269k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,490

Downpayment

20%

$53,800

Closing costs

1%

$2,690

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$4,164

Total Expenses

$3,643

Mortgage P&I

32%

$1,332

Property Taxes

5%

$217

Home Insurance

2%

$94

HOA

0%

$0

Property Management

15%

$625

CapEx

4%

$167

Vacancy

0%

$0

Maintenance

4%

$167

Other

25%

$1,041

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