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29043 Hathaway St, Livonia, MI 48150

3 beds • 1 baths • 1026 sqft

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This property looks like a bad Airbnb investment with a projected -5.83% first-year return on $69,723 initial cash invested.

-5.83%

Cash On Cash

5.15%

Cap Rate

0.82

DSCR

$2,587

Rent

-$339

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$246k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,723

Downpayment

20%

$49,260

Closing costs

1%

$2,463

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,587

Total Expenses

$2,926

Mortgage P&I

50%

$1,294

Property Taxes

12%

$304

Home Insurance

3%

$87

HOA

0%

$0

Property Management

15%

$388

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$647

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