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39291 Shoreline Dr, Harrison Township, MI 48045

3 beds • 2 baths • 1440 sqft

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This property looks like a bad Airbnb investment with a projected 0% first-year return on $74,175 initial cash invested.

0%

Cash On Cash

6.47%

Cap Rate

1.1

DSCR

$3,158

Rent

$0

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,158 income − $3,158 expenses = $0 cash flow

Income$3,158Mortgage P&I$1,31642%Property Taxes$2187%Insurance$1083%Management$47415%CapEx$1264%Maintenance$1264%Other$79025%

Investment Breakdown

|

Purchase Price

$268k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,175

Downpayment

20%

$53,500

Closing costs

1%

$2,675

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,158

Total Expenses

$3,158

Mortgage P&I

42%

$1,316

Property Taxes

7%

$218

Home Insurance

3%

$108

HOA

0%

$0

Property Management

15%

$474

CapEx

4%

$126

Vacancy

0%

$0

Maintenance

4%

$126

Other

25%

$790

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