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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 -21.97% first-year return on $134k initial cash invested.

-21.97%

Cash On Cash

0.76%

Cap Rate

0.13

DSCR

$1,690

Rent

-$2,444

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,690 income − $4,134 expenses = $2,444 out of pocket

Income$1,690Out of Pocket$2,444Mortgage P&I$2,723161%Property Taxes$40724%Insurance$19211%Management$25415%CapEx$684%Maintenance$684%Other$42225%

Investment Breakdown

|

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

$1,690

Total Expenses

$4,134

Mortgage P&I

161%

$2,723

Property Taxes

24%

$407

Home Insurance

11%

$192

HOA

0%

$0

Property Management

15%

$254

CapEx

4%

$68

Vacancy

0%

$0

Maintenance

4%

$68

Other

25%

$422

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