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11025 Miller Rd, Swartz Creek, MI 48473

3 beds • 2 baths • 1676 sqft

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This property looks like a bad Airbnb investment with a projected -17.41% first-year return on $71,949 initial cash invested.

-17.41%

Cash On Cash

2.07%

Cap Rate

0.31

DSCR

$1,590

Rent

-$1,044

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,590 income − $2,634 expenses = $1,044 out of pocket

Income$1,590Out of Pocket$1,044Mortgage P&I$1,42490%Property Taxes$35522%Insurance$916%Management$23815%CapEx$644%Maintenance$644%Other$39825%

Investment Breakdown

|

Purchase Price

$257k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,949

Downpayment

20%

$51,380

Closing costs

1%

$2,569

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$1,590

Total Expenses

$2,634

Mortgage P&I

90%

$1,424

Property Taxes

22%

$355

Home Insurance

6%

$91

HOA

0%

$0

Property Management

15%

$238

CapEx

4%

$64

Vacancy

0%

$0

Maintenance

4%

$64

Other

25%

$398

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