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26250 S River Rd, Harrison Township, MI 48045

3 beds • 2 baths • 1596 sqft

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This property looks like a bad Airbnb investment with a projected -6.47% first-year return on $86,229 initial cash invested.

-6.47%

Cash On Cash

4.65%

Cap Rate

0.78

DSCR

$2,947

Rent

-$465

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,947 income − $3,412 expenses = $465 out of pocket

Income$2,947Out of Pocket$465Mortgage P&I$1,60654%Property Taxes$2779%Insurance$1144%Management$44215%CapEx$1184%Maintenance$1184%Other$73725%

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,229

Downpayment

20%

$64,980

Closing costs

1%

$3,249

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,947

Total Expenses

$3,412

Mortgage P&I

55%

$1,606

Property Taxes

9%

$277

Home Insurance

4%

$114

HOA

0%

$0

Property Management

15%

$442

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$737

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