Unlock all features! Tap here to upgrade
This property looks like a bad Airbnb investment with a projected -6.63% first-year return on $90,135 initial cash invested.
-6.63%
Cash On Cash
4.65%
Cap Rate
0.78
DSCR
$3,018
Rent
-$498
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$344k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,135
Downpayment
20%
$68,700
Closing costs
1%
$3,435
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,018
Total Expenses
$3,516
Mortgage P&I
57%
$1,708
Property Taxes
8%
$237
Home Insurance
4%
$122
HOA
0%
$0
Property Management
15%
$453
CapEx
4%
$121
Vacancy
0%
$0
Maintenance
4%
$121
Other
25%
$754
Loading map...
Comparable Property | Rent | ADR | Beds | Baths | Distance |
|---|---|---|---|---|---|
Peaceful 4 Bed, 2 Bath Home with Great Location | $1,961 | $124 | 4 | 2 | 1.06 mi |
Quiet GrandRapids Home near lake | $3,258 | $206 | 3 | 1 | 1.2 mi |
80s House! Stylish/FencedYard/Gameroom/5minDwntnGR | $4,919 | $311 | 3 | 1 | 0.84 mi |
Fully Fenced Yard! 2 min DT GR, Gameroom, 80sFlair | $5,204 | $329 | 3 | 1 | 0.85 mi |
104 W Rancho Del Cerro | $2,500 | $250 | 4 | 2 | 1.3 mi |
1255 S Forest Knoll St | $1,100 | $110 | 2 | 1 | 0.9 mi |
2022 S American St | $2,850 | $285 | 5 | 4 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | $110 | 2 | 1 | 0.9 mi |
2022 S American St | $2,850 | $285 | 5 | 4 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | $110 | 2 | 1 | 0.9 mi |
2022 S American St | $2,850 | $285 | 5 | 4 | 0.6 mi |
Projection Charts
Investment Value YoY
Annualized Return
Investment projections and seasonality
CoC vs Downpayment
Investment projections and seasonality
CoC vs Purchase Price
Investment projections and seasonality