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11883 Liberty Woods Dr, Washington, MI 48094

3 beds • 2 baths • 1610 sqft

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This property looks like a bad Airbnb investment with a projected -21.8% first-year return on $105k initial cash invested.

-21.8%

Cash On Cash

0.72%

Cap Rate

0.12

DSCR

$1,624

Rent

-$1,911

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,624 income − $3,535 expenses = $1,911 out of pocket

Income$1,624Out of Pocket$1,911Mortgage P&I$2,095129%Property Taxes$48830%Insurance$1479%HOA$252%Management$24415%CapEx$654%Maintenance$654%Other$40625%

Investment Breakdown

|

Purchase Price

$415k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$83,020

Closing costs

1%

$4,151

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,624

Total Expenses

$3,535

Mortgage P&I

129%

$2,095

Property Taxes

30%

$488

Home Insurance

9%

$147

HOA

2%

$25

Property Management

15%

$244

CapEx

4%

$65

Vacancy

0%

$0

Maintenance

4%

$65

Other

25%

$406

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