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300 Barbara St, Cadillac, MI 49601

3 beds • 2 baths • 1580 sqft

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This property looks like a bad Airbnb investment with a projected -1.44% first-year return on $105k initial cash invested.

-1.44%

Cash On Cash

6.06%

Cap Rate

1.02

DSCR

$4,416

Rent

-$126

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,416 income − $4,542 expenses = $126 out of pocket

Income$4,416Out of Pocket$126Mortgage P&I$2,04546%Property Taxes$2325%Insurance$1453%Management$66215%CapEx$1774%Maintenance$1774%Other$1,10425%

Investment Breakdown

|

Purchase Price

$415k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$83,000

Closing costs

1%

$4,150

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,416

Total Expenses

$4,542

Mortgage P&I

46%

$2,045

Property Taxes

5%

$232

Home Insurance

3%

$145

HOA

0%

$0

Property Management

15%

$662

CapEx

4%

$177

Vacancy

0%

$0

Maintenance

4%

$177

Other

25%

$1,104

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