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16177 Old Bedford Rd, Northville, MI 48168

3 beds • 3 baths • 2504 sqft

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This property looks like a bad Airbnb investment with a projected -13.19% first-year return on $131k initial cash invested.

-13.19%

Cash On Cash

2.97%

Cap Rate

0.51

DSCR

$3,880

Rent

-$1,442

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$539k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$108k

Closing costs

1%

$5,392

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,880

Total Expenses

$5,322

Mortgage P&I

68%

$2,622

Property Taxes

15%

$591

Home Insurance

5%

$210

HOA

1%

$37

Property Management

15%

$582

CapEx

4%

$155

Vacancy

0%

$0

Maintenance

4%

$155

Other

25%

$970

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