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14155 Glenwood Dr, Shelby Township, MI 48315

3 beds • 4 baths • 4893 sqft

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This property looks like a bad Airbnb investment with a projected -15.09% first-year return on $123k initial cash invested.

-15.09%

Cash On Cash

2.35%

Cap Rate

0.41

DSCR

$2,879

Rent

-$1,552

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$502k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$100k

Closing costs

1%

$5,019

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,879

Total Expenses

$4,431

Mortgage P&I

84%

$2,421

Property Taxes

15%

$418

Home Insurance

7%

$210

HOA

0%

$0

Property Management

15%

$432

CapEx

4%

$115

Vacancy

0%

$0

Maintenance

4%

$115

Other

25%

$720

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