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25636 New York St, Dearborn Heights, MI 48125

3 beds • 2 baths • 900 sqft

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This property might be a fair Airbnb investment with a projected 5.93% first-year return on $43,137 initial cash invested.

5.93%

Cash On Cash

9.46%

Cap Rate

1.5

DSCR

$2,539

Rent

$213

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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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

$2,539

Total Expenses

$2,326

Mortgage P&I

25%

$629

Property Taxes

16%

$416

Home Insurance

2%

$61

HOA

0%

$0

Property Management

15%

$381

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$635

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