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2740 Diane Marie Ct, Waterford, MI 48329

3 beds • 3 baths • 1588 sqft

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This property looks like a bad Airbnb investment with a projected -5.61% first-year return on $88,728 initial cash invested.

-5.61%

Cash On Cash

5.07%

Cap Rate

0.84

DSCR

$3,433

Rent

-$415

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,433 income − $3,848 expenses = $415 out of pocket

Income$3,433Out of Pocket$415Mortgage P&I$1,70050%Property Taxes$34810%Insurance$1334%HOA$201%Management$51515%CapEx$1374%Maintenance$1374%Other$85825%

Investment Breakdown

|

Purchase Price

$337k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,728

Downpayment

20%

$67,360

Closing costs

1%

$3,368

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,433

Total Expenses

$3,848

Mortgage P&I

50%

$1,700

Property Taxes

10%

$348

Home Insurance

4%

$133

HOA

1%

$20

Property Management

15%

$515

CapEx

4%

$137

Vacancy

0%

$0

Maintenance

4%

$137

Other

25%

$858

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