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24933 Saint Christopher St, Harrison Township, MI 48045
3 beds • 3 baths • 1650 sqft
$305,600
View on ZillowThis property looks like a bad Airbnb investment with a projected -6.57% first-year return on $82,176 initial cash invested.
-6.57%
Cash On Cash
4.63%
Cap Rate
0.78
DSCR
$2,773
Rent
-$450
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,773 income − $3,223 expenses = $450 out of pocket
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
$2,773
Total Expenses
$3,223
Mortgage P&I
55%
$1,519
Property Taxes
10%
$268
Home Insurance
4%
$105
HOA
0%
$0
Property Management
15%
$416
CapEx
4%
$111
Vacancy
0%
$0
Maintenance
4%
$111
Other
25%
$693