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2419 Winfield Ave SW, Wyoming, MI 49519

3 beds • 2 baths • 1406 sqft

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This property might be a fair Airbnb investment with a projected 4.08% first-year return on $74,742 initial cash invested.

4.08%

Cash On Cash

7.75%

Cap Rate

1.3

DSCR

$3,813

Rent

$254

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,813 income − $3,559 expenses = $254 cash flow

Income$3,813Mortgage P&I$1,33835%Property Taxes$2948%Insurance$963%Management$57215%CapEx$1534%Maintenance$1534%Other$95325%Cash Flow$254

Investment Breakdown

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Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,742

Downpayment

20%

$54,040

Closing costs

1%

$2,702

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,813

Total Expenses

$3,559

Mortgage P&I

35%

$1,338

Property Taxes

8%

$294

Home Insurance

3%

$96

HOA

0%

$0

Property Management

15%

$572

CapEx

4%

$153

Vacancy

0%

$0

Maintenance

4%

$153

Other

25%

$953

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