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15690 Deepwood Ct E, Fraser, MI 48026

3 beds • 3 baths • 2255 sqft

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This property looks like a bad Airbnb investment with a projected -20.05% first-year return on $108k initial cash invested.

-20.05%

Cash On Cash

1.38%

Cap Rate

0.22

DSCR

$2,543

Rent

-$1,801

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,543 income − $4,344 expenses = $1,801 out of pocket

Income$2,543Out of Pocket$1,801Mortgage P&I$2,19186%Property Taxes$76430%Insurance$1687%Management$38115%CapEx$1024%Maintenance$1024%Other$63625%

Investment Breakdown

|

Purchase Price

$428k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$85,540

Closing costs

1%

$4,277

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,543

Total Expenses

$4,344

Mortgage P&I

86%

$2,191

Property Taxes

30%

$764

Home Insurance

7%

$168

HOA

0%

$0

Property Management

15%

$381

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$636

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