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627 S Walker Rd, Muskegon, MI 49442

3 beds • 3 baths • 1912 sqft

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This property looks like a bad Airbnb investment with a projected -14.67% first-year return on $88,413 initial cash invested.

-14.67%

Cash On Cash

2.39%

Cap Rate

0.4

DSCR

$2,348

Rent

-$1,081

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,348 income − $3,429 expenses = $1,081 out of pocket

Income$2,348Out of Pocket$1,081Mortgage P&I$1,65570%Property Taxes$51422%Insurance$1336%Management$35215%CapEx$944%Maintenance$944%Other$58725%

Investment Breakdown

|

Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,413

Downpayment

20%

$67,060

Closing costs

1%

$3,353

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,348

Total Expenses

$3,429

Mortgage P&I

70%

$1,655

Property Taxes

22%

$514

Home Insurance

6%

$133

HOA

0%

$0

Property Management

15%

$352

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$587

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