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3620 Huron St, Dearborn, MI 48124

3 beds • 2 baths • 1850 sqft

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This property might be a fair Airbnb investment with a projected 1.62% first-year return on $65,082 initial cash invested.

1.62%

Cash On Cash

7.46%

Cap Rate

1.18

DSCR

$3,184

Rent

$88

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$224k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,082

Downpayment

20%

$44,840

Closing costs

1%

$2,242

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,184

Total Expenses

$3,096

Mortgage P&I

37%

$1,178

Property Taxes

9%

$302

Home Insurance

3%

$88

HOA

0%

$0

Property Management

15%

$478

CapEx

4%

$127

Vacancy

0%

$0

Maintenance

4%

$127

Other

25%

$796

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