REI Lense

REI Lense

Unlock all features! Tap here to upgrade

301 S Lincoln St, Bay City, MI 48708

3 beds • 2 baths • 1432 sqft

Email

This property might be a fair Airbnb investment with a projected 1.53% first-year return on $47,001 initial cash invested.

1.53%

Cash On Cash

7.59%

Cap Rate

1.19

DSCR

$1,985

Rent

$60

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,985 income − $1,925 expenses = $60 cash flow

Income$1,985Mortgage P&I$73537%Property Taxes$1759%Insurance$633%Management$29815%CapEx$794%Maintenance$794%Other$49625%Cash Flow$60

Investment Breakdown

|

Purchase Price

$138k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,001

Downpayment

20%

$27,620

Closing costs

1%

$1,381

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$1,985

Total Expenses

$1,925

Mortgage P&I

37%

$735

Property Taxes

9%

$175

Home Insurance

3%

$63

HOA

0%

$0

Property Management

15%

$298

CapEx

4%

$79

Vacancy

0%

$0

Maintenance

4%

$79

Other

25%

$496

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis