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11921 Rain Tree Ct, Shelby Township, MI 48315

3 beds • 3 baths • 4646 sqft

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This property looks like a bad Airbnb investment with a projected -19.1% first-year return on $134k initial cash invested.

-19.1%

Cash On Cash

1.51%

Cap Rate

0.25

DSCR

$2,302

Rent

-$2,125

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,302 income − $4,427 expenses = $2,125 out of pocket

Income$2,302Out of Pocket$2,125Mortgage P&I$2,723118%Property Taxes$40718%Insurance$1928%Management$34515%CapEx$924%Maintenance$924%Other$57625%

Investment Breakdown

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Purchase Price

$550k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$134k

Downpayment

20%

$110k

Closing costs

1%

$5,500

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,302

Total Expenses

$4,427

Mortgage P&I

118%

$2,723

Property Taxes

18%

$407

Home Insurance

8%

$192

HOA

0%

$0

Property Management

15%

$345

CapEx

4%

$92

Vacancy

0%

$0

Maintenance

4%

$92

Other

25%

$576

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