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1179 Timberleaf Dr, Brighton, MI 48114

3 beds • 3 baths • 2148 sqft

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This property looks like a bad Airbnb investment with a projected -16.26% first-year return on $154k initial cash invested.

-16.26%

Cash On Cash

2.49%

Cap Rate

0.41

DSCR

$4,073

Rent

-$2,082

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,073 income − $6,155 expenses = $2,082 out of pocket

Income$4,073Out of Pocket$2,082Mortgage P&I$3,25980%Property Taxes$69017%Insurance$2266%HOA$251%Management$61115%CapEx$1634%Maintenance$1634%Other$1,01825%

Investment Breakdown

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Purchase Price

$646k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$154k

Downpayment

20%

$129k

Closing costs

1%

$6,459

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,073

Total Expenses

$6,155

Mortgage P&I

80%

$3,259

Property Taxes

17%

$690

Home Insurance

6%

$226

HOA

1%

$25

Property Management

15%

$611

CapEx

4%

$163

Vacancy

0%

$0

Maintenance

4%

$163

Other

25%

$1,018

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