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2437 Amelith Rd, Bay City, MI 48706

3 beds • 3 baths • 2948 sqft

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This property looks like a bad Airbnb investment with a projected -7.54% first-year return on $74,679 initial cash invested.

-7.54%

Cash On Cash

4.22%

Cap Rate

0.71

DSCR

$2,146

Rent

-$469

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,146 income − $2,615 expenses = $469 out of pocket

Income$2,146Out of Pocket$469Mortgage P&I$1,33262%Property Taxes$1597%Insurance$944%Management$32215%CapEx$864%Maintenance$864%Other$53625%

Investment Breakdown

|

Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,679

Downpayment

20%

$53,980

Closing costs

1%

$2,699

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,146

Total Expenses

$2,615

Mortgage P&I

62%

$1,332

Property Taxes

7%

$159

Home Insurance

4%

$94

HOA

0%

$0

Property Management

15%

$322

CapEx

4%

$86

Vacancy

0%

$0

Maintenance

4%

$86

Other

25%

$536

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