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28644 Grobbel Ave, Warren, MI 48092

3 beds • 2 baths • 2401 sqft

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This property looks like a bad Airbnb investment with a projected -6.12% first-year return on $80,979 initial cash invested.

-6.12%

Cash On Cash

4.7%

Cap Rate

0.79

DSCR

$2,732

Rent

-$413

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,979

Downpayment

20%

$59,980

Closing costs

1%

$2,999

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,732

Total Expenses

$3,145

Mortgage P&I

54%

$1,478

Property Taxes

9%

$251

Home Insurance

4%

$105

HOA

0%

$0

Property Management

15%

$410

CapEx

4%

$109

Vacancy

0%

$0

Maintenance

4%

$109

Other

25%

$683

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