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19480 Afton Rd, Detroit, MI 48203

4 beds • 4 baths • 4619 sqft

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This property might be a fair Airbnb investment with a projected 8.26% first-year return on $139k initial cash invested.

8.26%

Cash On Cash

8.39%

Cap Rate

1.51

DSCR

$8,314

Rent

$957

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$548k

Downpayment

20.0%

Interest Rate

5.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$139k

Downpayment

20%

$110k

Closing costs

1%

$5,479

Rehab

0%

$0

Furnishing

4%

$24,000

Cashflow

Total Income

$8,314

Total Expenses

$7,357

Mortgage P&I

31%

$2,541

Property Taxes

7%

$588

Home Insurance

2%

$196

HOA

0%

$41

Property Management

15%

$1,247

CapEx

4%

$333

Vacancy

0%

$0

Maintenance

4%

$333

Other

25%

$2,078

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