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2922 Airport Rd, Waterford, MI 48329

3 beds • 2 baths • 1896 sqft

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This property looks like a bad Airbnb investment with a projected -2.23% first-year return on $85,116 initial cash invested.

-2.23%

Cash On Cash

5.86%

Cap Rate

1

DSCR

$3,808

Rent

-$158

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,116

Downpayment

20%

$63,920

Closing costs

1%

$3,196

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,808

Total Expenses

$3,966

Mortgage P&I

41%

$1,568

Property Taxes

12%

$462

Home Insurance

3%

$105

HOA

0%

$4

Property Management

15%

$571

CapEx

4%

$152

Vacancy

0%

$0

Maintenance

4%

$152

Other

25%

$952

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