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4112 Prairie Rose Dr, Howell, MI 48843

3 beds • 3 baths • 2800 sqft

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This property looks like a bad Airbnb investment with a projected -15.86% first-year return on $180k initial cash invested.

-15.86%

Cash On Cash

2.61%

Cap Rate

0.43

DSCR

$4,573

Rent

-$2,379

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,573 income − $6,952 expenses = $2,379 out of pocket

Income$4,573Out of Pocket$2,379Mortgage P&I$3,87785%Property Taxes$56212%Insurance$2806%HOA$381%Management$68615%CapEx$1834%Maintenance$1834%Other$1,14325%

Investment Breakdown

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Purchase Price

$772k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$180k

Downpayment

20%

$154k

Closing costs

1%

$7,715

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,573

Total Expenses

$6,952

Mortgage P&I

85%

$3,877

Property Taxes

12%

$562

Home Insurance

6%

$280

HOA

1%

$38

Property Management

15%

$686

CapEx

4%

$183

Vacancy

0%

$0

Maintenance

4%

$183

Other

25%

$1,143

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