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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 -5.75% first-year return on $52,986 initial cash invested.

-5.75%

Cash On Cash

4.68%

Cap Rate

0.77

DSCR

$1,568

Rent

-$254

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,568 income − $1,822 expenses = $254 out of pocket

Income$1,568Out of Pocket$254Mortgage P&I$84154%Property Taxes$1248%Insurance$1047%Management$23515%CapEx$634%Maintenance$634%Other$39225%

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

$1,568

Total Expenses

$1,822

Mortgage P&I

54%

$841

Property Taxes

8%

$124

Home Insurance

7%

$104

HOA

0%

$0

Property Management

15%

$235

CapEx

4%

$63

Vacancy

0%

$0

Maintenance

4%

$63

Other

25%

$392

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