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1280 Petts Rd, Fenton, MI 48430

3 beds • 2 baths • 2020 sqft

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This property looks like a bad Airbnb investment with a projected -14.06% first-year return on $94,986 initial cash invested.

-14.06%

Cash On Cash

2.73%

Cap Rate

0.45

DSCR

$2,412

Rent

-$1,113

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,412 income − $3,525 expenses = $1,113 out of pocket

Income$2,412Out of Pocket$1,113Mortgage P&I$1,85077%Property Taxes$36915%Insurance$1496%Management$36215%CapEx$964%Maintenance$964%Other$60325%

Investment Breakdown

|

Purchase Price

$367k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,986

Downpayment

20%

$73,320

Closing costs

1%

$3,666

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,412

Total Expenses

$3,525

Mortgage P&I

77%

$1,850

Property Taxes

15%

$369

Home Insurance

6%

$149

HOA

0%

$0

Property Management

15%

$362

CapEx

4%

$96

Vacancy

0%

$0

Maintenance

4%

$96

Other

25%

$603

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