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3555 Murl Ave, Muskegon, MI 49442

3 beds • 2 baths • 2868 sqft

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This property looks like a bad Airbnb investment with a projected -11.71% first-year return on $89,736 initial cash invested.

-11.71%

Cash On Cash

3.48%

Cap Rate

0.56

DSCR

$2,321

Rent

-$876

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,321 income − $3,197 expenses = $876 out of pocket

Income$2,321Out of Pocket$876Mortgage P&I$1,77476%Property Taxes$1878%Insurance$1225%Management$34815%CapEx$934%Maintenance$934%Other$58025%

Investment Breakdown

|

Purchase Price

$342k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,736

Downpayment

20%

$68,320

Closing costs

1%

$3,416

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,321

Total Expenses

$3,197

Mortgage P&I

76%

$1,774

Property Taxes

8%

$187

Home Insurance

5%

$122

HOA

0%

$0

Property Management

15%

$348

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$580

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