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15408 Prentice Ct, Macomb, MI 48042

3 beds • 4 baths • 4376 sqft

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This property looks like a bad Airbnb investment with a projected -13.02% first-year return on $140k initial cash invested.

-13.02%

Cash On Cash

3.12%

Cap Rate

0.52

DSCR

$3,836

Rent

-$1,522

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,836 income − $5,358 expenses = $1,522 out of pocket

Income$3,836Out of Pocket$1,522Mortgage P&I$2,88275%Property Taxes$39910%Insurance$2085%HOA$291%Management$57515%CapEx$1534%Maintenance$1534%Other$95925%

Investment Breakdown

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Purchase Price

$582k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$140k

Downpayment

20%

$116k

Closing costs

1%

$5,821

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,836

Total Expenses

$5,358

Mortgage P&I

75%

$2,882

Property Taxes

10%

$399

Home Insurance

5%

$208

HOA

1%

$29

Property Management

15%

$575

CapEx

4%

$153

Vacancy

0%

$0

Maintenance

4%

$153

Other

25%

$959

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