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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 -16.92% first-year return on $97,611 initial cash invested.

-16.92%

Cash On Cash

1.85%

Cap Rate

0.31

DSCR

$1,886

Rent

-$1,376

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,886 income − $3,262 expenses = $1,376 out of pocket

Income$1,886Out of Pocket$1,376Mortgage P&I$1,885100%Property Taxes$33218%Insurance$1407%Management$28315%CapEx$754%Maintenance$754%Other$47225%

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

$1,886

Total Expenses

$3,262

Mortgage P&I

100%

$1,885

Property Taxes

18%

$332

Home Insurance

7%

$140

HOA

0%

$0

Property Management

15%

$283

CapEx

4%

$75

Vacancy

0%

$0

Maintenance

4%

$75

Other

25%

$472

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