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8856 N Loxley Rd, Roscommon, MI 48653

3 beds • 2 baths • 2000 sqft

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This property looks like a bad Airbnb investment with a projected -11.68% first-year return on $61,218 initial cash invested.

-11.68%

Cash On Cash

3.08%

Cap Rate

0.49

DSCR

$1,367

Rent

-$596

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,367 income − $1,963 expenses = $596 out of pocket

Income$1,367Out of Pocket$596Mortgage P&I$1,06978%Property Taxes$13610%Insurance$1017%Management$20515%CapEx$554%Maintenance$554%Other$34225%

Investment Breakdown

|

Purchase Price

$206k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,218

Downpayment

20%

$41,160

Closing costs

1%

$2,058

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,367

Total Expenses

$1,963

Mortgage P&I

78%

$1,069

Property Taxes

10%

$136

Home Insurance

7%

$101

HOA

0%

$0

Property Management

15%

$205

CapEx

4%

$55

Vacancy

0%

$0

Maintenance

4%

$55

Other

25%

$342

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