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4906 Conners Ave, Lansing, MI 48911

3 beds • 2 baths • 1431 sqft

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This property might be a fair Airbnb investment with a projected 7.1% first-year return on $58,677 initial cash invested.

7.1%

Cash On Cash

9.29%

Cap Rate

1.47

DSCR

$3,338

Rent

$347

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$194k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,677

Downpayment

20%

$38,740

Closing costs

1%

$1,937

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,338

Total Expenses

$2,991

Mortgage P&I

31%

$1,018

Property Taxes

9%

$312

Home Insurance

2%

$58

HOA

0%

$0

Property Management

15%

$501

CapEx

4%

$134

Vacancy

0%

$0

Maintenance

4%

$134

Other

25%

$834

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