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751 Maury Pl, Howell, MI 48843

3 beds • 2 baths • 2015 sqft

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This property looks like a bad Airbnb investment with a projected -2.42% first-year return on $84,129 initial cash invested.

-2.42%

Cash On Cash

5.89%

Cap Rate

0.98

DSCR

$3,589

Rent

-$170

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,589 income − $3,759 expenses = $170 out of pocket

Income$3,589Out of Pocket$170Mortgage P&I$1,57244%Property Taxes$35210%Insurance$1123%Management$53815%CapEx$1444%Maintenance$1444%Other$89725%

Investment Breakdown

|

Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,129

Downpayment

20%

$62,980

Closing costs

1%

$3,149

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,589

Total Expenses

$3,759

Mortgage P&I

44%

$1,572

Property Taxes

10%

$352

Home Insurance

3%

$112

HOA

0%

$0

Property Management

15%

$538

CapEx

4%

$144

Vacancy

0%

$0

Maintenance

4%

$144

Other

25%

$897

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