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2630 Warner Dr, West Bloomfield, MI 48324

3 beds • 2 baths • 2672 sqft

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This property looks like a bad Airbnb investment with a projected -21.81% first-year return on $133k initial cash invested.

-21.81%

Cash On Cash

0.74%

Cap Rate

0.13

DSCR

$2,326

Rent

-$2,414

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,326 income − $4,740 expenses = $2,414 out of pocket

Income$2,326Out of Pocket$2,414Mortgage P&I$2,660114%Property Taxes$53523%Insurance$2039%HOA$22510%Management$34915%CapEx$934%Maintenance$934%Other$58225%

Investment Breakdown

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Purchase Price

$547k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$109k

Closing costs

1%

$5,469

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,326

Total Expenses

$4,740

Mortgage P&I

114%

$2,660

Property Taxes

23%

$535

Home Insurance

9%

$203

HOA

10%

$225

Property Management

15%

$349

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$582

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