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1827 Avondale Ave, Ann Arbor, MI 48103

4 beds • 2 baths • 1693 sqft

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This property looks like a bad Airbnb investment with a projected -3.44% first-year return on $126k initial cash invested.

-3.44%

Cash On Cash

5.61%

Cap Rate

0.95

DSCR

$5,827

Rent

-$361

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$485k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$97,060

Closing costs

1%

$4,853

Rehab

0%

$0

Furnishing

5%

$24,000

Cashflow

Total Income

$5,827

Total Expenses

$6,188

Mortgage P&I

41%

$2,397

Property Taxes

14%

$845

Home Insurance

3%

$149

HOA

0%

$0

Property Management

15%

$874

CapEx

4%

$233

Vacancy

0%

$0

Maintenance

4%

$233

Other

25%

$1,457

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