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8978 Hidden Lake Dr, Howell, MI 48855

3 beds • 2 baths • 1867 sqft

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This property looks like a bad Airbnb investment with a projected -4% first-year return on $109k initial cash invested.

-4%

Cash On Cash

5.32%

Cap Rate

0.91

DSCR

$4,079

Rent

-$364

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$435k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,980

Closing costs

1%

$4,349

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,079

Total Expenses

$4,443

Mortgage P&I

52%

$2,128

Property Taxes

5%

$205

Home Insurance

4%

$152

HOA

0%

$0

Property Management

15%

$612

CapEx

4%

$163

Vacancy

0%

$0

Maintenance

4%

$163

Other

25%

$1,020

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