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4808 Anson St, Lansing, MI 48911

3 beds • 2 baths • 1664 sqft

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This property could be a profitable Airbnb investment with a projected 10.47% first-year return on $55,590 initial cash invested.

10.47%

Cash On Cash

10.64%

Cap Rate

1.64

DSCR

$3,356

Rent

$485

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,356 income − $2,871 expenses = $485 cash flow

Income$3,356Mortgage P&I$96829%Property Taxes$2307%Insurance$632%Management$50315%CapEx$1344%Maintenance$1344%Other$83925%Cash Flow$485

Investment Breakdown

|

Purchase Price

$179k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,590

Downpayment

20%

$35,800

Closing costs

1%

$1,790

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$3,356

Total Expenses

$2,871

Mortgage P&I

29%

$968

Property Taxes

7%

$230

Home Insurance

2%

$63

HOA

0%

$0

Property Management

15%

$503

CapEx

4%

$134

Vacancy

0%

$0

Maintenance

4%

$134

Other

25%

$839

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