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5096 N Irish Rd, Davison, MI 48423

3 beds • 3 baths • 2346 sqft

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This property looks like a bad Airbnb investment with a projected -9.71% first-year return on $86,544 initial cash invested.

-9.71%

Cash On Cash

3.99%

Cap Rate

0.65

DSCR

$2,981

Rent

-$700

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,981 income − $3,681 expenses = $700 out of pocket

Income$2,981Out of Pocket$700Mortgage P&I$1,66656%Property Taxes$46916%Insurance$1164%Management$44715%CapEx$1194%Maintenance$1194%Other$74525%

Investment Breakdown

|

Purchase Price

$326k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,544

Downpayment

20%

$65,280

Closing costs

1%

$3,264

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,981

Total Expenses

$3,681

Mortgage P&I

56%

$1,666

Property Taxes

16%

$469

Home Insurance

4%

$116

HOA

0%

$0

Property Management

15%

$447

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$745

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