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15589 Winter Park Dr, Macomb, MI 48044

3 beds • 2 baths • 2906 sqft

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This property looks like a bad Airbnb investment with a projected -17.1% first-year return on $97,611 initial cash invested.

-17.1%

Cash On Cash

1.8%

Cap Rate

0.3

DSCR

$1,856

Rent

-$1,391

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,856 income − $3,247 expenses = $1,391 out of pocket

Income$1,856Out of Pocket$1,391Mortgage P&I$1,885102%Property Taxes$33218%Insurance$1408%Management$27815%CapEx$744%Maintenance$744%Other$46425%

Investment Breakdown

|

Purchase Price

$379k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,611

Downpayment

20%

$75,820

Closing costs

1%

$3,791

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,856

Total Expenses

$3,247

Mortgage P&I

102%

$1,885

Property Taxes

18%

$332

Home Insurance

8%

$140

HOA

0%

$0

Property Management

15%

$278

CapEx

4%

$74

Vacancy

0%

$0

Maintenance

4%

$74

Other

25%

$464

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