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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 15.77% first-year return on $80,979 initial cash invested.

15.77%

Cash On Cash

11.24%

Cap Rate

1.85

DSCR

$5,622

Rent

$1,064

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,622 income − $4,558 expenses = $1,064 cash flow

Income$5,622Mortgage P&I$1,51927%Property Taxes$2354%Insurance$1052%Management$84315%CapEx$2254%Maintenance$2254%Other$1,40625%Cash Flow$1,064

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

$5,622

Total Expenses

$4,558

Mortgage P&I

27%

$1,519

Property Taxes

4%

$235

Home Insurance

2%

$105

HOA

0%

$0

Property Management

15%

$843

CapEx

4%

$225

Vacancy

0%

$0

Maintenance

4%

$225

Other

25%

$1,406

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