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2946 4th St, Trenton, MI 48183

3 beds • 2 baths • 1543 sqft

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This property looks like a bad Airbnb investment with a projected -9.99% first-year return on $65,250 initial cash invested.

-9.99%

Cash On Cash

4.18%

Cap Rate

0.63

DSCR

$1,953

Rent

-$543

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,953 income − $2,496 expenses = $543 out of pocket

Income$1,953Out of Pocket$543Mortgage P&I$1,24864%Property Taxes$23212%Insurance$794%Management$29315%CapEx$784%Maintenance$784%Other$48825%

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,953

Total Expenses

$2,496

Mortgage P&I

64%

$1,248

Property Taxes

12%

$232

Home Insurance

4%

$79

HOA

0%

$0

Property Management

15%

$293

CapEx

4%

$78

Vacancy

0%

$0

Maintenance

4%

$78

Other

25%

$488

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