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3636 Coachlight Common St, Lansing, MI 48911

3 beds • 2 baths • 1550 sqft

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This property could be a profitable Airbnb investment with a projected 39.22% first-year return on $38,979 initial cash invested.

39.22%

Cash On Cash

23.2%

Cap Rate

3.85

DSCR

$3,872

Rent

$1,274

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$99,900

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,979

Downpayment

20%

$19,980

Closing costs

1%

$999

Rehab

0%

$0

Furnishing

18%

$18,000

Cashflow

Total Income

$3,872

Total Expenses

$2,598

Mortgage P&I

13%

$502

Property Taxes

5%

$202

Home Insurance

1%

$35

HOA

0%

$0

Property Management

15%

$581

CapEx

4%

$155

Vacancy

0%

$0

Maintenance

4%

$155

Other

25%

$968

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