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2557 Chicago Rd, Warren, MI 48092

3 beds • 3 baths • 2339 sqft

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This property looks like a bad Airbnb investment with a projected -15.35% first-year return on $107k initial cash invested.

-15.35%

Cash On Cash

2.29%

Cap Rate

0.39

DSCR

$2,431

Rent

-$1,372

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$425k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$85,000

Closing costs

1%

$4,250

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,431

Total Expenses

$3,803

Mortgage P&I

86%

$2,085

Property Taxes

17%

$402

Home Insurance

6%

$149

HOA

0%

$0

Property Management

15%

$365

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$608

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