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2714 Silverstone Ln, Waterford, MI 48329

3 beds • 2 baths • 1664 sqft

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This property looks like a bad Airbnb investment with a projected -8.94% first-year return on $84,150 initial cash invested.

-8.94%

Cash On Cash

3.97%

Cap Rate

0.66

DSCR

$2,464

Rent

-$627

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,464 income − $3,091 expenses = $627 out of pocket

Income$2,464Out of Pocket$627Mortgage P&I$1,57164%Property Taxes$2209%Insurance$1104%HOA$6Management$37015%CapEx$994%Maintenance$994%Other$61625%

Investment Breakdown

|

Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,150

Downpayment

20%

$63,000

Closing costs

1%

$3,150

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,464

Total Expenses

$3,091

Mortgage P&I

64%

$1,571

Property Taxes

9%

$220

Home Insurance

4%

$110

HOA

0%

$6

Property Management

15%

$370

CapEx

4%

$99

Vacancy

0%

$0

Maintenance

4%

$99

Other

25%

$616

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