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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 -11.55% first-year return on $66,090 initial cash invested.

-11.55%

Cash On Cash

3.55%

Cap Rate

0.55

DSCR

$2,212

Rent

-$636

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,212 income − $2,848 expenses = $636 out of pocket

Income$2,212Out of Pocket$636Mortgage P&I$1,22555%Property Taxes$48222%Insurance$804%Management$33215%CapEx$884%Maintenance$884%Other$55325%

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

$2,212

Total Expenses

$2,848

Mortgage P&I

55%

$1,225

Property Taxes

22%

$482

Home Insurance

4%

$80

HOA

0%

$0

Property Management

15%

$332

CapEx

4%

$88

Vacancy

0%

$0

Maintenance

4%

$88

Other

25%

$553

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