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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 -30.32% first-year return on $129k initial cash invested.

-30.32%

Cash On Cash

-1.34%

Cap Rate

-0.22

DSCR

$682

Rent

-$3,268

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$682 income − $3,950 expenses = $3,268 out of pocket

Income$682Out of Pocket$3,268Mortgage P&I$2,651389%Property Taxes$726106%Insurance$21431%HOA$335%Management$10215%CapEx$274%Maintenance$274%Other$17025%

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

$682

Total Expenses

$3,950

Mortgage P&I

389%

$2,651

Property Taxes

106%

$726

Home Insurance

31%

$214

HOA

5%

$33

Property Management

15%

$102

CapEx

4%

$27

Vacancy

0%

$0

Maintenance

4%

$27

Other

25%

$170

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