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5625 Turkey Foot Trl, Gaylord, MI 49735

3 beds • 2 baths • 1352 sqft

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This property might be a fair Airbnb investment with a projected 3.57% first-year return on $66,279 initial cash invested.

3.57%

Cash On Cash

7.95%

Cap Rate

1.27

DSCR

$3,121

Rent

$197

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,121 income − $2,924 expenses = $197 cash flow

Income$3,121Mortgage P&I$1,20138%Property Taxes$1043%Insurance$803%HOA$411%Management$46815%CapEx$1254%Maintenance$1254%Other$78025%Cash Flow$197

Investment Breakdown

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Purchase Price

$230k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,279

Downpayment

20%

$45,980

Closing costs

1%

$2,299

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,121

Total Expenses

$2,924

Mortgage P&I

38%

$1,201

Property Taxes

3%

$104

Home Insurance

3%

$80

HOA

1%

$41

Property Management

15%

$468

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$780

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