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2752 Bamlet Rd, Royal Oak, MI 48073

3 beds • 2 baths • 2060 sqft

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This property might be a fair Airbnb investment with a projected 2.54% first-year return on $67,140 initial cash invested.

2.54%

Cash On Cash

7.27%

Cap Rate

1.24

DSCR

$3,322

Rent

$142

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$234k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,140

Downpayment

20%

$46,800

Closing costs

1%

$2,340

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,322

Total Expenses

$3,180

Mortgage P&I

34%

$1,142

Property Taxes

9%

$304

Home Insurance

4%

$140

HOA

0%

$0

Property Management

15%

$498

CapEx

4%

$133

Vacancy

0%

$0

Maintenance

4%

$133

Other

25%

$830

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