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11000 Clinton River Rd, Sterling Heights, MI 48314
3 beds • 2 baths • 1850 sqft
$354,000
View on ZillowThis property looks like a bad Airbnb investment with a projected -4.48% first-year return on $92,340 initial cash invested.
-4.48%
Cash On Cash
5.23%
Cap Rate
0.89
DSCR
$3,792
Rent
-$345
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$354k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,340
Downpayment
20%
$70,800
Closing costs
1%
$3,540
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,792
Total Expenses
$4,137
Mortgage P&I
46%
$1,737
Property Taxes
12%
$448
Home Insurance
3%
$131
HOA
0%
$0
Property Management
15%
$569
CapEx
4%
$152
Vacancy
0%
$0
Maintenance
4%
$152
Other
25%
$948