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60718 Campground Rd, Washington, MI 48094

3 beds • 2 baths • 1690 sqft

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This property looks like a bad Airbnb investment with a projected -26.03% first-year return on $109k initial cash invested.

-26.03%

Cash On Cash

-0.47%

Cap Rate

-0.08

DSCR

$749

Rent

-$2,369

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$749 income − $3,118 expenses = $2,369 out of pocket

Income$749Out of Pocket$2,369Mortgage P&I$2,168289%Property Taxes$44459%Insurance$14720%Management$11215%CapEx$304%Maintenance$304%Other$18725%

Investment Breakdown

|

Purchase Price

$434k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,880

Closing costs

1%

$4,344

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$749

Total Expenses

$3,118

Mortgage P&I

289%

$2,168

Property Taxes

59%

$444

Home Insurance

20%

$147

HOA

0%

$0

Property Management

15%

$112

CapEx

4%

$30

Vacancy

0%

$0

Maintenance

4%

$30

Other

25%

$187

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