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11218 Southworth Ave, Plymouth, MI 48170

3 beds • 2 baths • 1657 sqft

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This property might be a fair Airbnb investment with a projected 2.97% first-year return on $93,747 initial cash invested.

2.97%

Cash On Cash

7.69%

Cap Rate

1.23

DSCR

$5,131

Rent

$232

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,131 income − $4,899 expenses = $232 cash flow

Income$5,131Mortgage P&I$1,87337%Property Taxes$3777%Insurance$1864%Management$77015%CapEx$2054%Maintenance$2054%Other$1,28325%Cash Flow$232

Investment Breakdown

|

Purchase Price

$361k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,747

Downpayment

20%

$72,140

Closing costs

1%

$3,607

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$5,131

Total Expenses

$4,899

Mortgage P&I

37%

$1,873

Property Taxes

7%

$377

Home Insurance

4%

$186

HOA

0%

$0

Property Management

15%

$770

CapEx

4%

$205

Vacancy

0%

$0

Maintenance

4%

$205

Other

25%

$1,283

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