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2678 Valley Dr, Ann Arbor, MI 48103

3 beds • 3 baths • 2394 sqft

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This property looks like a bad Airbnb investment with a projected -9.71% first-year return on $132k initial cash invested.

-9.71%

Cash On Cash

4.1%

Cap Rate

0.68

DSCR

$5,331

Rent

-$1,066

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,331 income − $6,397 expenses = $1,066 out of pocket

Income$5,331Out of Pocket$1,066Mortgage P&I$2,70251%Property Taxes$96118%Insurance$1753%Management$80015%CapEx$2134%Maintenance$2134%Other$1,33325%

Investment Breakdown

|

Purchase Price

$542k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$132k

Downpayment

20%

$108k

Closing costs

1%

$5,417

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,331

Total Expenses

$6,397

Mortgage P&I

51%

$2,702

Property Taxes

18%

$961

Home Insurance

3%

$175

HOA

0%

$0

Property Management

15%

$800

CapEx

4%

$213

Vacancy

0%

$0

Maintenance

4%

$213

Other

25%

$1,333

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