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20036 Beech Daly Rd, Redford, MI 48240

3 beds • 2 baths • 1438 sqft

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This property might be a fair Airbnb investment with a projected 1.73% first-year return on $61,848 initial cash invested.

1.73%

Cash On Cash

7.52%

Cap Rate

1.18

DSCR

$2,640

Rent

$89

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,640 income − $2,551 expenses = $89 cash flow

Income$2,640Mortgage P&I$1,11442%Property Taxes$903%Insurance$793%Management$39615%CapEx$1064%Maintenance$1064%Other$66025%Cash Flow$89

Investment Breakdown

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Purchase Price

$209k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,848

Downpayment

20%

$41,760

Closing costs

1%

$2,088

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,640

Total Expenses

$2,551

Mortgage P&I

42%

$1,114

Property Taxes

3%

$90

Home Insurance

3%

$79

HOA

0%

$0

Property Management

15%

$396

CapEx

4%

$106

Vacancy

0%

$0

Maintenance

4%

$106

Other

25%

$660

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