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3724 Brookfield Dr, Hudsonville, MI 49426

3 beds • 3 baths • 2200 sqft

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This property looks like a bad Airbnb investment with a projected -2.63% first-year return on $97,800 initial cash invested.

-2.63%

Cash On Cash

5.67%

Cap Rate

0.97

DSCR

$3,775

Rent

-$214

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,775 income − $3,989 expenses = $214 out of pocket

Income$3,775Out of Pocket$214Mortgage P&I$1,85749%Property Taxes$1875%Insurance$1334%Management$56615%CapEx$1514%Maintenance$1514%Other$94425%

Investment Breakdown

|

Purchase Price

$380k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,800

Downpayment

20%

$76,000

Closing costs

1%

$3,800

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,775

Total Expenses

$3,989

Mortgage P&I

49%

$1,857

Property Taxes

5%

$187

Home Insurance

4%

$133

HOA

0%

$0

Property Management

15%

$566

CapEx

4%

$151

Vacancy

0%

$0

Maintenance

4%

$151

Other

25%

$944

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