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1881 Reidsview Dr, White Lake, MI 48383

3 beds • 4 baths • 4529 sqft

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This property looks like a bad Airbnb investment with a projected -24.87% first-year return on $227k initial cash invested.

-24.87%

Cash On Cash

0.52%

Cap Rate

0.09

DSCR

$4,361

Rent

-$4,710

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$997k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$227k

Downpayment

20%

$199k

Closing costs

1%

$9,965

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,361

Total Expenses

$9,071

Mortgage P&I

114%

$4,964

Property Taxes

32%

$1,385

Home Insurance

14%

$630

HOA

0%

$0

Property Management

15%

$654

CapEx

4%

$174

Vacancy

0%

$0

Maintenance

4%

$174

Other

25%

$1,090

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