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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 -18.71% first-year return on $154k initial cash invested.

-18.71%

Cash On Cash

1.88%

Cap Rate

0.31

DSCR

$3,116

Rent

-$2,408

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,116 income − $5,524 expenses = $2,408 out of pocket

Income$3,116Out of Pocket$2,408Mortgage P&I$3,300106%Property Taxes$50016%Insurance$2287%Management$46715%CapEx$1254%Maintenance$1254%Other$77925%

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

$3,116

Total Expenses

$5,524

Mortgage P&I

106%

$3,300

Property Taxes

16%

$500

Home Insurance

7%

$228

HOA

0%

$0

Property Management

15%

$467

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$779

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