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62 Woodward Ave, Battle Creek, MI 49017

5 beds • 3 baths • 2362 sqft

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This property could be a profitable Airbnb investment with a projected 39.6% first-year return on $65,490 initial cash invested.

39.6%

Cash On Cash

23.45%

Cap Rate

3.71

DSCR

$6,289

Rent

$2,161

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$169k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,490

Downpayment

20%

$33,800

Closing costs

1%

$1,690

Rehab

0%

$0

Furnishing

18%

$30,000

Cashflow

Total Income

$6,289

Total Expenses

$4,128

Mortgage P&I

14%

$889

Property Taxes

3%

$161

Home Insurance

1%

$59

HOA

0%

$0

Property Management

15%

$943

CapEx

4%

$252

Vacancy

0%

$0

Maintenance

4%

$252

Other

25%

$1,572

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