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5113 Richfield Rd, Flint, MI 48506

2 beds • 1 baths • 992 sqft

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This property might be a fair Airbnb investment with a projected 2.47% first-year return on $39,279 initial cash invested.

2.47%

Cash On Cash

7.75%

Cap Rate

1.23

DSCR

$1,883

Rent

$81

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$130k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,279

Downpayment

20%

$25,980

Closing costs

1%

$1,299

Rehab

0%

$0

Furnishing

9%

$12,000

Cashflow

Total Income

$1,883

Total Expenses

$1,802

Mortgage P&I

36%

$683

Property Taxes

9%

$170

Home Insurance

2%

$46

HOA

0%

$0

Property Management

15%

$282

CapEx

4%

$75

Vacancy

0%

$0

Maintenance

4%

$75

Other

25%

$471

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