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6192 Wolverine Trl, Gaylord, MI 49735

3 beds • 2 baths • 3258 sqft

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This property looks like a bad Airbnb investment with a projected -0.94% first-year return on $94,629 initial cash invested.

-0.94%

Cash On Cash

6.12%

Cap Rate

1.05

DSCR

$3,867

Rent

-$74

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,629

Downpayment

20%

$72,980

Closing costs

1%

$3,649

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,867

Total Expenses

$3,941

Mortgage P&I

46%

$1,781

Property Taxes

5%

$175

Home Insurance

3%

$128

HOA

0%

$0

Property Management

15%

$580

CapEx

4%

$155

Vacancy

0%

$0

Maintenance

4%

$155

Other

25%

$967

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