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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 -2.85% first-year return on $91,479 initial cash invested.

-2.85%

Cash On Cash

5.65%

Cap Rate

0.96

DSCR

$3,554

Rent

-$217

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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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

$3,554

Total Expenses

$3,771

Mortgage P&I

48%

$1,721

Property Taxes

6%

$223

Home Insurance

3%

$122

HOA

0%

$0

Property Management

15%

$533

CapEx

4%

$142

Vacancy

0%

$0

Maintenance

4%

$142

Other

25%

$888

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