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2259 Hickory Circle Dr, Howell, MI 48855

3 beds • 3 baths • 2370 sqft

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This property might be a fair Airbnb investment with a projected 0.17% first-year return on $85,746 initial cash invested.

0.17%

Cash On Cash

7.3%

Cap Rate

1.1

DSCR

$4,321

Rent

$12

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,321 income − $4,309 expenses = $12 cash flow

Income$4,321Mortgage P&I$1,77841%Property Taxes$2676%Insurance$1403%HOA$501%Management$64815%CapEx$1734%Maintenance$1734%Other$1,08025%Cash Flow$12

Investment Breakdown

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Purchase Price

$323k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,746

Downpayment

20%

$64,520

Closing costs

1%

$3,226

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,321

Total Expenses

$4,309

Mortgage P&I

41%

$1,778

Property Taxes

6%

$267

Home Insurance

3%

$140

HOA

1%

$50

Property Management

15%

$648

CapEx

4%

$173

Vacancy

0%

$0

Maintenance

4%

$173

Other

25%

$1,080

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