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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 -12.19% first-year return on $63,696 initial cash invested.

-12.19%

Cash On Cash

3.27%

Cap Rate

0.5

DSCR

$1,604

Rent

-$647

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,604 income − $2,251 expenses = $647 out of pocket

Income$1,604Out of Pocket$647Mortgage P&I$1,17673%Property Taxes$22814%Insurance$775%Management$24115%CapEx$644%Maintenance$644%Other$40125%

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

$1,604

Total Expenses

$2,251

Mortgage P&I

73%

$1,176

Property Taxes

14%

$228

Home Insurance

5%

$77

HOA

0%

$0

Property Management

15%

$241

CapEx

4%

$64

Vacancy

0%

$0

Maintenance

4%

$64

Other

25%

$401

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