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3080 Jackson Blvd, Highland, MI 48356

3 beds • 2 baths • 1950 sqft

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This property looks like a bad Airbnb investment with a projected -19.04% first-year return on $154k initial cash invested.

-19.04%

Cash On Cash

1.79%

Cap Rate

0.29

DSCR

$3,032

Rent

-$2,451

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,032 income − $5,483 expenses = $2,451 out of pocket

Income$3,032Out of Pocket$2,451Mortgage P&I$3,300109%Property Taxes$50016%Insurance$2288%Management$45515%CapEx$1214%Maintenance$1214%Other$75825%

Investment Breakdown

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Purchase Price

$650k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$154k

Downpayment

20%

$130k

Closing costs

1%

$6,499

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,032

Total Expenses

$5,483

Mortgage P&I

109%

$3,300

Property Taxes

16%

$500

Home Insurance

8%

$228

HOA

0%

$0

Property Management

15%

$455

CapEx

4%

$121

Vacancy

0%

$0

Maintenance

4%

$121

Other

25%

$758

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