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1800 Cooley Ave, Ann Arbor, MI 48103

3 beds • 2 baths • 1714 sqft

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This property looks like a bad Airbnb investment with a projected -14.95% first-year return on $119k initial cash invested.

-14.95%

Cash On Cash

2.55%

Cap Rate

0.43

DSCR

$3,438

Rent

-$1,477

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$479k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$95,800

Closing costs

1%

$4,790

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,438

Total Expenses

$4,915

Mortgage P&I

69%

$2,356

Property Taxes

21%

$735

Home Insurance

5%

$172

HOA

0%

$0

Property Management

15%

$516

CapEx

4%

$138

Vacancy

0%

$0

Maintenance

4%

$138

Other

25%

$860

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