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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 -16.02% first-year return on $133k initial cash invested.

-16.02%

Cash On Cash

2.26%

Cap Rate

0.39

DSCR

$3,556

Rent

-$1,773

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,556 income − $5,329 expenses = $1,773 out of pocket

Income$3,556Out of Pocket$1,773Mortgage P&I$2,66075%Property Taxes$53515%Insurance$2036%HOA$2256%Management$53315%CapEx$1424%Maintenance$1424%Other$88925%

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

$3,556

Total Expenses

$5,329

Mortgage P&I

75%

$2,660

Property Taxes

15%

$535

Home Insurance

6%

$203

HOA

6%

$225

Property Management

15%

$533

CapEx

4%

$142

Vacancy

0%

$0

Maintenance

4%

$142

Other

25%

$889

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