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6838 Williams Trl, Grayling, MI 49738

3 beds • 2 baths • 1504 sqft

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This property looks like a bad Airbnb investment with a projected -7% first-year return on $52,986 initial cash invested.

-7%

Cash On Cash

4.26%

Cap Rate

0.7

DSCR

$1,464

Rent

-$309

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,464 income − $1,773 expenses = $309 out of pocket

Income$1,464Out of Pocket$309Mortgage P&I$84157%Property Taxes$1248%Insurance$1047%Management$22015%CapEx$594%Maintenance$594%Other$36625%

Investment Breakdown

|

Purchase Price

$167k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,986

Downpayment

20%

$33,320

Closing costs

1%

$1,666

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,464

Total Expenses

$1,773

Mortgage P&I

57%

$841

Property Taxes

8%

$124

Home Insurance

7%

$104

HOA

0%

$0

Property Management

15%

$220

CapEx

4%

$59

Vacancy

0%

$0

Maintenance

4%

$59

Other

25%

$366

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