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27342 Dover Ave, Warren, MI 48088

3 beds • 2 baths • 1100 sqft

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This property looks like a bad Airbnb investment with a projected -12.49% first-year return on $63,696 initial cash invested.

-12.49%

Cash On Cash

3.18%

Cap Rate

0.49

DSCR

$1,573

Rent

-$663

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,573 income − $2,236 expenses = $663 out of pocket

Income$1,573Out of Pocket$663Mortgage P&I$1,17675%Property Taxes$22814%Insurance$775%Management$23615%CapEx$634%Maintenance$634%Other$39325%

Investment Breakdown

|

Purchase Price

$218k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,696

Downpayment

20%

$43,520

Closing costs

1%

$2,176

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,573

Total Expenses

$2,236

Mortgage P&I

75%

$1,176

Property Taxes

14%

$228

Home Insurance

5%

$77

HOA

0%

$0

Property Management

15%

$236

CapEx

4%

$63

Vacancy

0%

$0

Maintenance

4%

$63

Other

25%

$393

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