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6332 Laura Ln, Flint, MI 48507

4 beds • 2 baths • 2200 sqft

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This property looks like a bad Airbnb investment with a projected -6.93% first-year return on $90,591 initial cash invested.

-6.93%

Cash On Cash

4.37%

Cap Rate

0.74

DSCR

$2,819

Rent

-$523

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$317k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,591

Downpayment

20%

$63,420

Closing costs

1%

$3,171

Rehab

0%

$0

Furnishing

8%

$24,000

Cashflow

Total Income

$2,819

Total Expenses

$3,342

Mortgage P&I

56%

$1,566

Property Taxes

11%

$310

Home Insurance

4%

$112

HOA

0%

$0

Property Management

15%

$423

CapEx

4%

$113

Vacancy

0%

$0

Maintenance

4%

$113

Other

25%

$705

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