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6576 Kennesaw Rd, Canton, MI 48187

3 beds • 3 baths • 3086 sqft

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This property looks like a bad Airbnb investment with a projected -8.95% first-year return on $159k initial cash invested.

-8.95%

Cash On Cash

4.27%

Cap Rate

0.72

DSCR

$6,262

Rent

-$1,189

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,262 income − $7,451 expenses = $1,189 out of pocket

Income$6,262Out of Pocket$1,189Mortgage P&I$3,33553%Property Taxes$81413%Insurance$2424%HOA$551%Management$93915%CapEx$2504%Maintenance$2504%Other$1,56625%

Investment Breakdown

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Purchase Price

$674k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$159k

Downpayment

20%

$135k

Closing costs

1%

$6,735

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,262

Total Expenses

$7,451

Mortgage P&I

53%

$3,335

Property Taxes

13%

$814

Home Insurance

4%

$242

HOA

1%

$55

Property Management

15%

$939

CapEx

4%

$250

Vacancy

0%

$0

Maintenance

4%

$250

Other

25%

$1,566

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