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3907 Helen Ave, Ypsilanti, MI 48197

3 beds • 2 baths • 2021 sqft

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This property looks like a bad Airbnb investment with a projected -12.76% first-year return on $88,434 initial cash invested.

-12.76%

Cash On Cash

3.09%

Cap Rate

0.51

DSCR

$2,521

Rent

-$940

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,521 income − $3,461 expenses = $940 out of pocket

Income$2,521Out of Pocket$940Mortgage P&I$1,70368%Property Taxes$42917%Insurance$1195%Management$37815%CapEx$1014%Maintenance$1014%Other$63025%

Investment Breakdown

|

Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,434

Downpayment

20%

$67,080

Closing costs

1%

$3,354

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,521

Total Expenses

$3,461

Mortgage P&I

68%

$1,703

Property Taxes

17%

$429

Home Insurance

5%

$119

HOA

0%

$0

Property Management

15%

$378

CapEx

4%

$101

Vacancy

0%

$0

Maintenance

4%

$101

Other

25%

$630

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