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620 Gilbert Ave, Kalamazoo, MI 49048

4 beds • 2 baths • 1374 sqft

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This property could be a profitable Airbnb investment with a projected 47.5% first-year return on $42,900 initial cash invested.

47.5%

Cash On Cash

31.24%

Cap Rate

5.02

DSCR

$4,441

Rent

$1,698

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$90,000

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,900

Downpayment

20%

$18,000

Closing costs

1%

$900

Rehab

0%

$0

Furnishing

27%

$24,000

Cashflow

Total Income

$4,441

Total Expenses

$2,743

Mortgage P&I

11%

$467

Property Taxes

3%

$112

Home Insurance

1%

$32

HOA

0%

$0

Property Management

15%

$666

CapEx

4%

$178

Vacancy

0%

$0

Maintenance

4%

$178

Other

25%

$1,110

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