Unlock all features! Tap here to upgrade
32515 Nottingham Knls, Farmington Hills, MI 48334
3 beds • 2 baths • 1525 sqft
$329,900
View on ZillowThis property looks like a bad Airbnb investment with a projected -7.36% first-year return on $87,279 initial cash invested.
-7.36%
Cash On Cash
4.85%
Cap Rate
0.78
DSCR
$3,850
Rent
-$535
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,850 income − $4,385 expenses = $535 out of pocket
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,279
Downpayment
20%
$65,980
Closing costs
1%
$3,299
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,850
Total Expenses
$4,385
Mortgage P&I
45%
$1,714
Property Taxes
15%
$590
Home Insurance
3%
$116
HOA
3%
$117
Property Management
15%
$578
CapEx
4%
$154
Vacancy
0%
$0
Maintenance
4%
$154
Other
25%
$962