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10333 S Morrow Cir, Dearborn, MI 48126

3 beds • 2 baths • 2330 sqft

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This property looks like a bad Airbnb investment with a projected -16.44% first-year return on $91,479 initial cash invested.

-16.44%

Cash On Cash

1.82%

Cap Rate

0.31

DSCR

$1,565

Rent

-$1,253

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,565 income − $2,818 expenses = $1,253 out of pocket

Income$1,565Out of Pocket$1,253Mortgage P&I$1,721110%Property Taxes$22314%Insurance$1228%Management$23515%CapEx$634%Maintenance$634%Other$39125%

Investment Breakdown

|

Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,479

Downpayment

20%

$69,980

Closing costs

1%

$3,499

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,565

Total Expenses

$2,818

Mortgage P&I

110%

$1,721

Property Taxes

14%

$223

Home Insurance

8%

$122

HOA

0%

$0

Property Management

15%

$235

CapEx

4%

$63

Vacancy

0%

$0

Maintenance

4%

$63

Other

25%

$391

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