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1105 Whiting St, Saint Clair, MI 48079

3 beds • 2 baths • 1400 sqft

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This property looks like a bad Airbnb investment with a projected -13.71% first-year return on $66,090 initial cash invested.

-13.71%

Cash On Cash

2.88%

Cap Rate

0.45

DSCR

$1,984

Rent

-$755

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,984 income − $2,739 expenses = $755 out of pocket

Income$1,984Out of Pocket$755Mortgage P&I$1,22562%Property Taxes$48224%Insurance$804%Management$29815%CapEx$794%Maintenance$794%Other$49625%

Investment Breakdown

|

Purchase Price

$229k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,090

Downpayment

20%

$45,800

Closing costs

1%

$2,290

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,984

Total Expenses

$2,739

Mortgage P&I

62%

$1,225

Property Taxes

24%

$482

Home Insurance

4%

$80

HOA

0%

$0

Property Management

15%

$298

CapEx

4%

$79

Vacancy

0%

$0

Maintenance

4%

$79

Other

25%

$496

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