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19415 Rachael Dr, Macomb, MI 48042

3 beds • 3 baths • 4558 sqft

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This property looks like a bad Airbnb investment with a projected -29.93% first-year return on $129k initial cash invested.

-29.93%

Cash On Cash

-1.23%

Cap Rate

-0.21

DSCR

$767

Rent

-$3,226

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$767 income − $3,993 expenses = $3,226 out of pocket

Income$767Out of Pocket$3,226Mortgage P&I$2,651346%Property Taxes$72695%Insurance$21428%HOA$334%Management$11515%CapEx$314%Maintenance$314%Other$19225%

Investment Breakdown

|

Purchase Price

$530k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$106k

Closing costs

1%

$5,302

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$767

Total Expenses

$3,993

Mortgage P&I

346%

$2,651

Property Taxes

95%

$726

Home Insurance

28%

$214

HOA

4%

$33

Property Management

15%

$115

CapEx

4%

$31

Vacancy

0%

$0

Maintenance

4%

$31

Other

25%

$192

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