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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 -17.4% first-year return on $80,979 initial cash invested.

-17.4%

Cash On Cash

1.78%

Cap Rate

0.29

DSCR

$1,520

Rent

-$1,174

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,520 income − $2,694 expenses = $1,174 out of pocket

Income$1,520Out of Pocket$1,174Mortgage P&I$1,558102%Property Taxes$30120%Insurance$1057%Management$22815%CapEx$614%Maintenance$614%Other$38025%

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

$1,520

Total Expenses

$2,694

Mortgage P&I

102%

$1,558

Property Taxes

20%

$301

Home Insurance

7%

$105

HOA

0%

$0

Property Management

15%

$228

CapEx

4%

$61

Vacancy

0%

$0

Maintenance

4%

$61

Other

25%

$380

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