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18426 Winthrop St, Detroit, MI 48235

3 beds • 2 baths • 1627 sqft

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This property looks like a bad Airbnb investment with a projected -4.56% first-year return on $44,250 initial cash invested.

-4.56%

Cash On Cash

5.5%

Cap Rate

0.83

DSCR

$1,258

Rent

-$168

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,258 income − $1,426 expenses = $168 out of pocket

Income$1,258Out of Pocket$168Mortgage P&I$69155%Property Taxes$887%Insurance$443%Management$18915%CapEx$504%Maintenance$504%Other$31425%

Investment Breakdown

|

Purchase Price

$125k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,250

Downpayment

20%

$25,000

Closing costs

1%

$1,250

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$1,258

Total Expenses

$1,426

Mortgage P&I

55%

$691

Property Taxes

7%

$88

Home Insurance

4%

$44

HOA

0%

$0

Property Management

15%

$189

CapEx

4%

$50

Vacancy

0%

$0

Maintenance

4%

$50

Other

25%

$314

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