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3161 Woodcrest Rd, Rochester Hills, MI 48309

3 beds • 2 baths • 1669 sqft

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This property might be a fair Airbnb investment with a projected 1.65% first-year return on $82,890 initial cash invested.

1.65%

Cash On Cash

6.94%

Cap Rate

1.18

DSCR

$3,862

Rent

$114

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$309k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,890

Downpayment

20%

$61,800

Closing costs

1%

$3,090

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,862

Total Expenses

$3,748

Mortgage P&I

39%

$1,518

Property Taxes

7%

$269

Home Insurance

3%

$108

HOA

0%

$0

Property Management

15%

$579

CapEx

4%

$154

Vacancy

0%

$0

Maintenance

4%

$154

Other

25%

$966

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