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5012 Forest Side Dr, Flint, MI 48532

3 beds • 3 baths • 1976 sqft

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This property looks like a bad Airbnb investment with a projected -6.68% first-year return on $78,900 initial cash invested.

-6.68%

Cash On Cash

4.64%

Cap Rate

0.77

DSCR

$2,741

Rent

-$439

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,900

Downpayment

20%

$58,000

Closing costs

1%

$2,900

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,741

Total Expenses

$3,180

Mortgage P&I

53%

$1,450

Property Taxes

11%

$312

Home Insurance

4%

$102

HOA

0%

$0

Property Management

15%

$411

CapEx

4%

$110

Vacancy

0%

$0

Maintenance

4%

$110

Other

25%

$685

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