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52120 Kern Dr, Three Rivers, MI 49093

3 beds • 2 baths • 926 sqft

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This property looks like a bad Airbnb investment with a projected -6.18% first-year return on $79,215 initial cash invested.

-6.18%

Cash On Cash

4.85%

Cap Rate

0.8

DSCR

$2,625

Rent

-$408

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,625 income − $3,033 expenses = $408 out of pocket

Income$2,625Out of Pocket$408Mortgage P&I$1,48056%Property Taxes$1887%Insurance$1054%Management$39415%CapEx$1054%Maintenance$1054%Other$65625%

Investment Breakdown

|

Purchase Price

$292k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,215

Downpayment

20%

$58,300

Closing costs

1%

$2,915

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,625

Total Expenses

$3,033

Mortgage P&I

56%

$1,480

Property Taxes

7%

$188

Home Insurance

4%

$105

HOA

0%

$0

Property Management

15%

$394

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$656

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