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19811 Harlow St, Detroit, MI 48235

2 beds • 1 baths • 1392 sqft

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This property could be a profitable Airbnb investment with a projected 31.42% first-year return on $26,700 initial cash invested.

31.42%

Cash On Cash

19.61%

Cap Rate

3.32

DSCR

$2,495

Rent

$699

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$69,999

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$26,700

Downpayment

20%

$14,000

Closing costs

1%

$700

Rehab

0%

$0

Furnishing

17%

$12,000

Cashflow

Total Income

$2,495

Total Expenses

$1,796

Mortgage P&I

14%

$345

Property Taxes

9%

$229

Home Insurance

1%

$24

HOA

0%

$0

Property Management

15%

$374

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$624

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