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25636 New York St, Dearborn Heights, MI 48125

3 beds • 2 baths • 900 sqft

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This property looks like a bad Airbnb investment with a projected -8.07% first-year return on $43,137 initial cash invested.

-8.07%

Cash On Cash

4.03%

Cap Rate

0.64

DSCR

$1,571

Rent

-$290

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,571 income − $1,861 expenses = $290 out of pocket

Income$1,571Out of Pocket$290Mortgage P&I$62940%Property Taxes$41626%Insurance$614%Management$23615%CapEx$634%Maintenance$634%Other$39325%

Investment Breakdown

|

Purchase Price

$120k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,137

Downpayment

20%

$23,940

Closing costs

1%

$1,197

Rehab

0%

$0

Furnishing

15%

$18,000

Cashflow

Total Income

$1,571

Total Expenses

$1,861

Mortgage P&I

40%

$629

Property Taxes

26%

$416

Home Insurance

4%

$61

HOA

0%

$0

Property Management

15%

$236

CapEx

4%

$63

Vacancy

0%

$0

Maintenance

4%

$63

Other

25%

$393

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