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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 -16.18% first-year return on $69,954 initial cash invested.

-16.18%

Cash On Cash

1.73%

Cap Rate

0.29

DSCR

$1,922

Rent

-$943

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,922 income − $2,865 expenses = $943 out of pocket

Income$1,922Out of Pocket$943Mortgage P&I$1,22364%Property Taxes$62933%Insurance$915%Management$28815%CapEx$774%Maintenance$774%Other$48025%

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

$1,922

Total Expenses

$2,865

Mortgage P&I

64%

$1,223

Property Taxes

33%

$629

Home Insurance

5%

$91

HOA

0%

$0

Property Management

15%

$288

CapEx

4%

$77

Vacancy

0%

$0

Maintenance

4%

$77

Other

25%

$480

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