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339 Wildwood Dr, Holland, MI 49423

3 beds • 2 baths • 1196 sqft

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This property looks like a bad Airbnb investment with a projected -10.36% first-year return on $97,569 initial cash invested.

-10.36%

Cash On Cash

3.68%

Cap Rate

0.61

DSCR

$2,853

Rent

-$842

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,853 income − $3,695 expenses = $842 out of pocket

Income$2,853Out of Pocket$842Mortgage P&I$1,89066%Property Taxes$30011%Insurance$1365%Management$42815%CapEx$1144%Maintenance$1144%Other$71325%

Investment Breakdown

|

Purchase Price

$379k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,569

Downpayment

20%

$75,780

Closing costs

1%

$3,789

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,853

Total Expenses

$3,695

Mortgage P&I

66%

$1,890

Property Taxes

11%

$300

Home Insurance

5%

$136

HOA

0%

$0

Property Management

15%

$428

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$713

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