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7919 Knox Trl, Grayling, MI 49738

3 beds • 2 baths • 1558 sqft

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This property looks like a bad Airbnb investment with a projected -20.69% first-year return on $116k initial cash invested.

-20.69%

Cash On Cash

1.29%

Cap Rate

0.21

DSCR

$1,968

Rent

-$2,001

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,968 income − $3,969 expenses = $2,001 out of pocket

Income$1,968Out of Pocket$2,001Mortgage P&I$2,425123%Property Taxes$42422%Insurance$1759%Management$29515%CapEx$794%Maintenance$794%Other$49225%

Investment Breakdown

|

Purchase Price

$467k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$93,380

Closing costs

1%

$4,669

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,968

Total Expenses

$3,969

Mortgage P&I

123%

$2,425

Property Taxes

22%

$424

Home Insurance

9%

$175

HOA

0%

$0

Property Management

15%

$295

CapEx

4%

$79

Vacancy

0%

$0

Maintenance

4%

$79

Other

25%

$492

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