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24933 Saint Christopher St, Harrison Township, MI 48045

3 beds • 3 baths • 1650 sqft

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This property looks like a bad Airbnb investment with a projected -4.38% first-year return on $82,176 initial cash invested.

-4.38%

Cash On Cash

5.27%

Cap Rate

0.88

DSCR

$3,064

Rent

-$300

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,064 income − $3,364 expenses = $300 out of pocket

Income$3,064Out of Pocket$300Mortgage P&I$1,51950%Property Taxes$2689%Insurance$1053%Management$46015%CapEx$1234%Maintenance$1234%Other$76625%

Investment Breakdown

|

Purchase Price

$306k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,176

Downpayment

20%

$61,120

Closing costs

1%

$3,056

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,064

Total Expenses

$3,364

Mortgage P&I

50%

$1,519

Property Taxes

9%

$268

Home Insurance

3%

$105

HOA

0%

$0

Property Management

15%

$460

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$766

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