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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 -4.28% first-year return on $92,340 initial cash invested.
-4.28%
Cash On Cash
5.29%
Cap Rate
0.9
DSCR
$3,822
Rent
-$329
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
$3,822
Total Expenses
$4,151
Mortgage P&I
45%
$1,737
Property Taxes
12%
$448
Home Insurance
3%
$131
HOA
0%
$0
Property Management
15%
$573
CapEx
4%
$153
Vacancy
0%
$0
Maintenance
4%
$153
Other
25%
$956