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2468 Knollview St SW, Wyoming, MI 49519

3 beds • 2 baths • 1419 sqft

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This property could be a profitable Airbnb investment with a projected 11.44% first-year return on $80,979 initial cash invested.

11.44%

Cash On Cash

9.98%

Cap Rate

1.64

DSCR

$5,059

Rent

$772

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,059 income − $4,287 expenses = $772 cash flow

Income$5,059Mortgage P&I$1,51930%Property Taxes$2355%Insurance$1052%Management$75915%CapEx$2024%Maintenance$2024%Other$1,26525%Cash Flow$772

Investment Breakdown

|

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

$5,059

Total Expenses

$4,287

Mortgage P&I

30%

$1,519

Property Taxes

5%

$235

Home Insurance

2%

$105

HOA

0%

$0

Property Management

15%

$759

CapEx

4%

$202

Vacancy

0%

$0

Maintenance

4%

$202

Other

25%

$1,265

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