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9484 Aspen View Dr, Grand Blanc, MI 48439

3 beds • 2 baths • 1676 sqft

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This property looks like a bad Airbnb investment with a projected -10.53% first-year return on $92,907 initial cash invested.

-10.53%

Cash On Cash

3.75%

Cap Rate

0.62

DSCR

$3,012

Rent

-$815

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$357k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,907

Downpayment

20%

$71,340

Closing costs

1%

$3,567

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,012

Total Expenses

$3,827

Mortgage P&I

60%

$1,809

Property Taxes

15%

$451

Home Insurance

4%

$122

HOA

0%

$0

Property Management

15%

$452

CapEx

4%

$120

Vacancy

0%

$0

Maintenance

4%

$120

Other

25%

$753

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