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28140 Terrence St, Livonia, MI 48154

3 beds • 2 baths • 1339 sqft

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This property looks like a bad Airbnb investment with a projected -11.72% first-year return on $92,676 initial cash invested.

-11.72%

Cash On Cash

3.21%

Cap Rate

0.54

DSCR

$2,534

Rent

-$905

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$356k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,676

Downpayment

20%

$71,120

Closing costs

1%

$3,556

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,534

Total Expenses

$3,439

Mortgage P&I

69%

$1,756

Property Taxes

13%

$341

Home Insurance

5%

$126

HOA

0%

$0

Property Management

15%

$380

CapEx

4%

$101

Vacancy

0%

$0

Maintenance

4%

$101

Other

25%

$634

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