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32315 Whitley Cir, Warren, MI 48088

3 beds • 2 baths • 2275 sqft

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This property looks like a bad Airbnb investment with a projected -19.74% first-year return on $80,979 initial cash invested.

-19.74%

Cash On Cash

1.1%

Cap Rate

0.18

DSCR

$1,216

Rent

-$1,332

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,216 income − $2,548 expenses = $1,332 out of pocket

Income$1,216Out of Pocket$1,332Mortgage P&I$1,558128%Property Taxes$30125%Insurance$1059%Management$18215%CapEx$494%Maintenance$494%Other$30425%

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.8%

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

$1,216

Total Expenses

$2,548

Mortgage P&I

128%

$1,558

Property Taxes

25%

$301

Home Insurance

9%

$105

HOA

0%

$0

Property Management

15%

$182

CapEx

4%

$49

Vacancy

0%

$0

Maintenance

4%

$49

Other

25%

$304

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