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20185 Bayfield Dr, Clinton Township, MI 48038

3 beds • 4 baths • 3856 sqft

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This property looks like a bad Airbnb investment with a projected -16.86% first-year return on $111k initial cash invested.

-16.86%

Cash On Cash

1.9%

Cap Rate

0.33

DSCR

$2,665

Rent

-$1,561

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$443k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,660

Closing costs

1%

$4,433

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,665

Total Expenses

$4,226

Mortgage P&I

81%

$2,156

Property Taxes

23%

$625

Home Insurance

6%

$157

HOA

0%

$8

Property Management

15%

$400

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$666

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