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2700 N Hacker Rd, Howell, MI 48855

3 beds • 2 baths • 2477 sqft

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This property looks like a bad Airbnb investment with a projected -13.92% first-year return on $113k initial cash invested.

-13.92%

Cash On Cash

2.7%

Cap Rate

0.46

DSCR

$2,469

Rent

-$1,305

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,000

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,469

Total Expenses

$3,774

Mortgage P&I

90%

$2,218

Property Taxes

9%

$213

Home Insurance

6%

$158

HOA

0%

$0

Property Management

15%

$370

CapEx

4%

$99

Vacancy

0%

$0

Maintenance

4%

$99

Other

25%

$617

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