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11 Custer Ct, Monroe, MI 48161

3 beds • 2 baths • 1514 sqft

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This property looks like a bad Airbnb investment with a projected -4.66% first-year return on $68,988 initial cash invested.

-4.66%

Cash On Cash

6.02%

Cap Rate

0.89

DSCR

$2,807

Rent

-$268

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,807 income − $3,075 expenses = $268 out of pocket

Income$2,807Out of Pocket$268Mortgage P&I$1,37549%Property Taxes$28410%Insurance$692%Management$42115%CapEx$1124%Maintenance$1124%Other$70225%

Investment Breakdown

|

Purchase Price

$243k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,988

Downpayment

20%

$48,560

Closing costs

1%

$2,428

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,807

Total Expenses

$3,075

Mortgage P&I

49%

$1,375

Property Taxes

10%

$284

Home Insurance

2%

$69

HOA

0%

$0

Property Management

15%

$421

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$702

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