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5732 McCue Rd, Holt, MI 48842

3 beds • 3 baths • 2022 sqft

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This property looks like a bad Airbnb investment with a projected -15.01% first-year return on $139k initial cash invested.

-15.01%

Cash On Cash

2.82%

Cap Rate

0.46

DSCR

$4,034

Rent

-$1,735

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,034 income − $5,769 expenses = $1,735 out of pocket

Income$4,034Out of Pocket$1,735Mortgage P&I$2,92472%Property Taxes$70918%Insurance$2015%Management$60515%CapEx$1614%Maintenance$1614%Other$1,00825%

Investment Breakdown

|

Purchase Price

$575k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$139k

Downpayment

20%

$115k

Closing costs

1%

$5,749

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,034

Total Expenses

$5,769

Mortgage P&I

72%

$2,924

Property Taxes

18%

$709

Home Insurance

5%

$201

HOA

0%

$0

Property Management

15%

$605

CapEx

4%

$161

Vacancy

0%

$0

Maintenance

4%

$161

Other

25%

$1,008

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