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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 -11.92% first-year return on $111k initial cash invested.

-11.92%

Cash On Cash

3.33%

Cap Rate

0.56

DSCR

$2,974

Rent

-$1,106

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,974 income − $4,080 expenses = $1,106 out of pocket

Income$2,974Out of Pocket$1,106Mortgage P&I$2,22175%Property Taxes$2729%Insurance$1525%HOA$7Management$44615%CapEx$1194%Maintenance$1194%Other$74425%

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

$2,974

Total Expenses

$4,080

Mortgage P&I

75%

$2,221

Property Taxes

9%

$272

Home Insurance

5%

$152

HOA

0%

$7

Property Management

15%

$446

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$744

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