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2070 Winchester Rd, Rochester Hills, MI 48307

3 beds • 3 baths • 1680 sqft

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This property looks like a bad Airbnb investment with a projected -13.02% first-year return on $111k initial cash invested.

-13.02%

Cash On Cash

3.03%

Cap Rate

0.51

DSCR

$2,776

Rent

-$1,208

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,776 income − $3,984 expenses = $1,208 out of pocket

Income$2,776Out of Pocket$1,208Mortgage P&I$2,22180%Property Taxes$27210%Insurance$1525%HOA$7Management$41615%CapEx$1114%Maintenance$1114%Other$69425%

Investment Breakdown

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Purchase Price

$445k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,920

Closing costs

1%

$4,446

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,776

Total Expenses

$3,984

Mortgage P&I

80%

$2,221

Property Taxes

10%

$272

Home Insurance

5%

$152

HOA

0%

$7

Property Management

15%

$416

CapEx

4%

$111

Vacancy

0%

$0

Maintenance

4%

$111

Other

25%

$694

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