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3769 Allegan Dam Rd, Allegan, MI 49010

3 beds • 2 baths • 1232 sqft

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This property could be a profitable Airbnb investment with a projected 18.06% first-year return on $49,290 initial cash invested.

18.06%

Cash On Cash

13.74%

Cap Rate

2.08

DSCR

$3,571

Rent

$742

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,571 income − $2,829 expenses = $742 cash flow

Income$3,571Mortgage P&I$82123%Property Taxes$1715%Insurance$1223%Management$53615%CapEx$1434%Maintenance$1434%Other$89325%Cash Flow$742

Investment Breakdown

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Purchase Price

$149k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,290

Downpayment

20%

$29,800

Closing costs

1%

$1,490

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$3,571

Total Expenses

$2,829

Mortgage P&I

23%

$821

Property Taxes

5%

$171

Home Insurance

3%

$122

HOA

0%

$0

Property Management

15%

$536

CapEx

4%

$143

Vacancy

0%

$0

Maintenance

4%

$143

Other

25%

$893

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