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6235 S 12th St, Portage, MI 49024

3 beds • 2 baths • 2031 sqft

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This property might be a fair Airbnb investment with a projected 0.95% first-year return on $80,958 initial cash invested.

0.95%

Cash On Cash

6.82%

Cap Rate

1.14

DSCR

$3,533

Rent

$64

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,958

Downpayment

20%

$59,960

Closing costs

1%

$2,998

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,533

Total Expenses

$3,469

Mortgage P&I

42%

$1,498

Property Taxes

5%

$168

Home Insurance

3%

$108

HOA

0%

$0

Property Management

15%

$530

CapEx

4%

$141

Vacancy

0%

$0

Maintenance

4%

$141

Other

25%

$883

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