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3351 Crystal Valley Ct, Holland, MI 49424

3 beds • 3 baths • 1640 sqft

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This property might be a fair Airbnb investment with a projected 7.63% first-year return on $91,500 initial cash invested.

7.63%

Cash On Cash

8.58%

Cap Rate

1.46

DSCR

$5,071

Rent

$582

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,071 income − $4,489 expenses = $582 cash flow

Income$5,071Mortgage P&I$1,71734%Property Taxes$2114%Insurance$1222%HOA$4Management$76115%CapEx$2034%Maintenance$2034%Other$1,26825%Cash Flow$582

Investment Breakdown

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Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,500

Downpayment

20%

$70,000

Closing costs

1%

$3,500

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$5,071

Total Expenses

$4,489

Mortgage P&I

34%

$1,717

Property Taxes

4%

$211

Home Insurance

2%

$122

HOA

0%

$4

Property Management

15%

$761

CapEx

4%

$203

Vacancy

0%

$0

Maintenance

4%

$203

Other

25%

$1,268

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