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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 -21.35% first-year return on $108k initial cash invested.

-21.35%

Cash On Cash

1.03%

Cap Rate

0.17

DSCR

$2,319

Rent

-$1,918

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,319 income − $4,237 expenses = $1,918 out of pocket

Income$2,319Out of Pocket$1,918Mortgage P&I$2,19194%Property Taxes$76433%Insurance$1687%Management$34815%CapEx$934%Maintenance$934%Other$58025%

Investment Breakdown

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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

$2,319

Total Expenses

$4,237

Mortgage P&I

94%

$2,191

Property Taxes

33%

$764

Home Insurance

7%

$168

HOA

0%

$0

Property Management

15%

$348

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$580

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