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4112 Old Hawk Ct, Grand Rapids, MI 49525

3 beds • 4 baths • 2635 sqft

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This property looks like a bad Airbnb investment with a projected -18.04% first-year return on $175k initial cash invested.

-18.04%

Cash On Cash

1.85%

Cap Rate

0.32

DSCR

$3,968

Rent

-$2,632

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$748k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$175k

Downpayment

20%

$150k

Closing costs

1%

$7,479

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,968

Total Expenses

$6,600

Mortgage P&I

91%

$3,629

Property Taxes

19%

$743

Home Insurance

7%

$269

HOA

1%

$54

Property Management

15%

$595

CapEx

4%

$159

Vacancy

0%

$0

Maintenance

4%

$159

Other

25%

$992

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