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27827 Westcott Crescent Cir, Farmington Hills, MI 48334
3 beds • 2 baths • 1592 sqft
$359,000
View on ZillowThis property looks like a bad Airbnb investment with a projected -12.4% first-year return on $93,390 initial cash invested.
-12.4%
Cash On Cash
3.11%
Cap Rate
0.52
DSCR
$2,746
Rent
-$965
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,746 income − $3,711 expenses = $965 out of pocket
Investment Breakdown
|
Purchase Price
$359k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$93,390
Downpayment
20%
$71,800
Closing costs
1%
$3,590
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$2,746
Total Expenses
$3,711
Mortgage P&I
65%
$1,785
Property Taxes
18%
$491
Home Insurance
4%
$117
HOA
0%
$0
Property Management
15%
$412
CapEx
4%
$110
Vacancy
0%
$0
Maintenance
4%
$110
Other
25%
$686