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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 -14.08% first-year return on $111k initial cash invested.

-14.08%

Cash On Cash

2.75%

Cap Rate

0.46

DSCR

$2,588

Rent

-$1,307

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,588 income − $3,895 expenses = $1,307 out of pocket

Income$2,588Out of Pocket$1,307Mortgage P&I$2,22186%Property Taxes$27211%Insurance$1526%HOA$7Management$38815%CapEx$1044%Maintenance$1044%Other$64725%

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

$2,588

Total Expenses

$3,895

Mortgage P&I

86%

$2,221

Property Taxes

11%

$272

Home Insurance

6%

$152

HOA

0%

$7

Property Management

15%

$388

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$647

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