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418 Elm St, Three Rivers, MI 49093

3 beds • 2 baths • 1848 sqft

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This property might be a fair Airbnb investment with a projected 0.02% first-year return on $60,252 initial cash invested.

0.02%

Cash On Cash

7.26%

Cap Rate

1.09

DSCR

$2,606

Rent

$1

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,606 income − $2,605 expenses = $1 cash flow

Income$2,606Mortgage P&I$1,11243%Property Taxes$1707%Insurance$723%Management$39115%CapEx$1044%Maintenance$1044%Other$65225%Cash Flow$1

Investment Breakdown

|

Purchase Price

$201k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,252

Downpayment

20%

$40,240

Closing costs

1%

$2,012

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,606

Total Expenses

$2,605

Mortgage P&I

43%

$1,112

Property Taxes

7%

$170

Home Insurance

3%

$72

HOA

0%

$0

Property Management

15%

$391

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$652

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