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2468 Knollview St SW, Wyoming, MI 49519

3 beds • 2 baths • 1419 sqft

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This property might be a fair Airbnb investment with a projected 9.56% first-year return on $80,979 initial cash invested.

9.56%

Cash On Cash

9.43%

Cap Rate

1.55

DSCR

$4,816

Rent

$645

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,816 income − $4,171 expenses = $645 cash flow

Income$4,816Mortgage P&I$1,51932%Property Taxes$2355%Insurance$1052%Management$72215%CapEx$1934%Maintenance$1934%Other$1,20425%Cash Flow$645

Investment Breakdown

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Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,979

Downpayment

20%

$59,980

Closing costs

1%

$2,999

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,816

Total Expenses

$4,171

Mortgage P&I

32%

$1,519

Property Taxes

5%

$235

Home Insurance

2%

$105

HOA

0%

$0

Property Management

15%

$722

CapEx

4%

$193

Vacancy

0%

$0

Maintenance

4%

$193

Other

25%

$1,204

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