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2230 N Center Rd, Burton, MI 48509

3 beds • 2 baths • 1224 sqft

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This property could be a profitable Airbnb investment with a projected 17.92% first-year return on $53,028 initial cash invested.

17.92%

Cash On Cash

13.05%

Cap Rate

2.07

DSCR

$3,666

Rent

$792

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$167k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,028

Downpayment

20%

$33,360

Closing costs

1%

$1,668

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$3,666

Total Expenses

$2,874

Mortgage P&I

24%

$875

Property Taxes

5%

$179

Home Insurance

2%

$60

HOA

0%

$0

Property Management

15%

$550

CapEx

4%

$147

Vacancy

0%

$0

Maintenance

4%

$147

Other

25%

$916

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