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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 -5.95% first-year return on $88,728 initial cash invested.

-5.95%

Cash On Cash

4.97%

Cap Rate

0.82

DSCR

$3,385

Rent

-$440

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,385 income − $3,825 expenses = $440 out of pocket

Income$3,385Out of Pocket$440Mortgage P&I$1,70050%Property Taxes$34810%Insurance$1334%HOA$201%Management$50815%CapEx$1354%Maintenance$1354%Other$84625%

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

$3,385

Total Expenses

$3,825

Mortgage P&I

50%

$1,700

Property Taxes

10%

$348

Home Insurance

4%

$133

HOA

1%

$20

Property Management

15%

$508

CapEx

4%

$135

Vacancy

0%

$0

Maintenance

4%

$135

Other

25%

$846

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