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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 -14.77% first-year return on $159k initial cash invested.

-14.77%

Cash On Cash

2.79%

Cap Rate

0.47

DSCR

$4,777

Rent

-$1,962

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,777 income − $6,739 expenses = $1,962 out of pocket

Income$4,777Out of Pocket$1,962Mortgage P&I$3,33570%Property Taxes$81417%Insurance$2425%HOA$551%Management$71715%CapEx$1914%Maintenance$1914%Other$1,19425%

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

$4,777

Total Expenses

$6,739

Mortgage P&I

70%

$3,335

Property Taxes

17%

$814

Home Insurance

5%

$242

HOA

1%

$55

Property Management

15%

$717

CapEx

4%

$191

Vacancy

0%

$0

Maintenance

4%

$191

Other

25%

$1,194

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