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11656 Majestic Ct, Shelby Township, MI 48315

3 beds • 4 baths • 5063 sqft

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This property looks like a bad Airbnb investment with a projected -13.75% first-year return on $130k initial cash invested.

-13.75%

Cash On Cash

2.93%

Cap Rate

0.49

DSCR

$3,875

Rent

-$1,494

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,875 income − $5,369 expenses = $1,494 out of pocket

Income$3,875Out of Pocket$1,494Mortgage P&I$2,64568%Property Taxes$64917%Insurance$1865%HOA$291%Management$58115%CapEx$1554%Maintenance$1554%Other$96925%

Investment Breakdown

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Purchase Price

$535k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$107k

Closing costs

1%

$5,353

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,875

Total Expenses

$5,369

Mortgage P&I

68%

$2,645

Property Taxes

17%

$649

Home Insurance

5%

$186

HOA

1%

$29

Property Management

15%

$581

CapEx

4%

$155

Vacancy

0%

$0

Maintenance

4%

$155

Other

25%

$969

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