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1784 Harvard Ct, Oxford, MI 48371

3 beds • 3 baths • 2000 sqft

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This property looks like a bad Airbnb investment with a projected -5.78% first-year return on $97,380 initial cash invested.

-5.78%

Cash On Cash

4.95%

Cap Rate

0.83

DSCR

$3,762

Rent

-$469

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,762 income − $4,231 expenses = $469 out of pocket

Income$3,762Out of Pocket$469Mortgage P&I$1,87950%Property Taxes$41711%Insurance$1313%Management$56415%CapEx$1504%Maintenance$1504%Other$94025%

Investment Breakdown

|

Purchase Price

$378k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,380

Downpayment

20%

$75,600

Closing costs

1%

$3,780

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,762

Total Expenses

$4,231

Mortgage P&I

50%

$1,879

Property Taxes

11%

$417

Home Insurance

3%

$131

HOA

0%

$0

Property Management

15%

$564

CapEx

4%

$150

Vacancy

0%

$0

Maintenance

4%

$150

Other

25%

$940

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