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2425 Miller Ave, Ann Arbor, MI 48103

3 beds • 1 baths • 1757 sqft

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This property looks like a bad Airbnb investment with a projected -9.94% first-year return on $99,879 initial cash invested.

-9.94%

Cash On Cash

3.78%

Cap Rate

0.64

DSCR

$3,193

Rent

-$827

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,879

Downpayment

20%

$77,980

Closing costs

1%

$3,899

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,193

Total Expenses

$4,020

Mortgage P&I

60%

$1,926

Property Taxes

13%

$425

Home Insurance

4%

$136

HOA

0%

$0

Property Management

15%

$479

CapEx

4%

$128

Vacancy

0%

$0

Maintenance

4%

$128

Other

25%

$798

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