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301 S Lincoln St, Bay City, MI 48708

3 beds • 2 baths • 1432 sqft

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This property might be a fair Airbnb investment with a projected 0.56% first-year return on $47,001 initial cash invested.

0.56%

Cash On Cash

7.25%

Cap Rate

1.13

DSCR

$1,914

Rent

$22

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,914 income − $1,892 expenses = $22 cash flow

Income$1,914Mortgage P&I$73538%Property Taxes$1759%Insurance$633%Management$28715%CapEx$774%Maintenance$774%Other$47825%Cash Flow$22

Investment Breakdown

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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

$1,914

Total Expenses

$1,892

Mortgage P&I

38%

$735

Property Taxes

9%

$175

Home Insurance

3%

$63

HOA

0%

$0

Property Management

15%

$287

CapEx

4%

$77

Vacancy

0%

$0

Maintenance

4%

$77

Other

25%

$478

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