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1954 Westridge Dr, Shelby Township, MI 48316

3 beds • 4 baths • 4129 sqft

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This property looks like a bad Airbnb investment with a projected -21.51% first-year return on $163k initial cash invested.

-21.51%

Cash On Cash

1.11%

Cap Rate

0.19

DSCR

$3,053

Rent

-$2,920

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$690k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$163k

Downpayment

20%

$138k

Closing costs

1%

$6,899

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,053

Total Expenses

$5,973

Mortgage P&I

112%

$3,434

Property Taxes

25%

$749

Home Insurance

8%

$242

HOA

3%

$83

Property Management

15%

$458

CapEx

4%

$122

Vacancy

0%

$0

Maintenance

4%

$122

Other

25%

$763

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