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11085 Busch Ave, Warren, MI 48089

3 beds • 2 baths • 2606 sqft

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This property looks like a bad Airbnb investment with a projected -16.95% first-year return on $69,954 initial cash invested.

-16.95%

Cash On Cash

1.49%

Cap Rate

0.25

DSCR

$1,834

Rent

-$988

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,834 income − $2,822 expenses = $988 out of pocket

Income$1,834Out of Pocket$988Mortgage P&I$1,22367%Property Taxes$62934%Insurance$915%Management$27515%CapEx$734%Maintenance$734%Other$45825%

Investment Breakdown

|

Purchase Price

$247k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,954

Downpayment

20%

$49,480

Closing costs

1%

$2,474

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$1,834

Total Expenses

$2,822

Mortgage P&I

67%

$1,223

Property Taxes

34%

$629

Home Insurance

5%

$91

HOA

0%

$0

Property Management

15%

$275

CapEx

4%

$73

Vacancy

0%

$0

Maintenance

4%

$73

Other

25%

$458

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