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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 -19.52% first-year return on $154k initial cash invested.

-19.52%

Cash On Cash

1.67%

Cap Rate

0.27

DSCR

$2,914

Rent

-$2,513

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,914 income − $5,427 expenses = $2,513 out of pocket

Income$2,914Out of Pocket$2,513Mortgage P&I$3,300113%Property Taxes$50017%Insurance$2288%Management$43715%CapEx$1174%Maintenance$1174%Other$72825%

Investment Breakdown

|

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

$2,914

Total Expenses

$5,427

Mortgage P&I

113%

$3,300

Property Taxes

17%

$500

Home Insurance

8%

$228

HOA

0%

$0

Property Management

15%

$437

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$728

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