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22350 Brantingham Rd, Macomb, MI 48044

3 beds • 4 baths • 3340 sqft

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This property looks like a bad Airbnb investment with a projected -13.04% first-year return on $115k initial cash invested.

-13.04%

Cash On Cash

3.06%

Cap Rate

0.51

DSCR

$3,244

Rent

-$1,253

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,244 income − $4,497 expenses = $1,253 out of pocket

Income$3,244Out of Pocket$1,253Mortgage P&I$2,30371%Property Taxes$44214%Insurance$1725%HOA$221%Management$48715%CapEx$1304%Maintenance$1304%Other$81125%

Investment Breakdown

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Purchase Price

$463k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$92,640

Closing costs

1%

$4,632

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,244

Total Expenses

$4,497

Mortgage P&I

71%

$2,303

Property Taxes

14%

$442

Home Insurance

5%

$172

HOA

1%

$22

Property Management

15%

$487

CapEx

4%

$130

Vacancy

0%

$0

Maintenance

4%

$130

Other

25%

$811

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