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3714 Black Creek Dr, Hudsonville, MI 49426

3 beds • 2 baths • 1840 sqft

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This property looks like a bad Airbnb investment with a projected -0.26% first-year return on $102k initial cash invested.

-0.26%

Cash On Cash

6.32%

Cap Rate

1.08

DSCR

$4,369

Rent

-$22

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,980

Closing costs

1%

$3,999

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,369

Total Expenses

$4,391

Mortgage P&I

45%

$1,954

Property Taxes

5%

$200

Home Insurance

3%

$140

HOA

0%

$0

Property Management

15%

$655

CapEx

4%

$175

Vacancy

0%

$0

Maintenance

4%

$175

Other

25%

$1,092

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