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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 -4.61% first-year return on $87,279 initial cash invested.
-4.61%
Cash On Cash
5.63%
Cap Rate
0.9
DSCR
$4,238
Rent
-$335
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,238 income − $4,573 expenses = $335 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
$4,238
Total Expenses
$4,573
Mortgage P&I
40%
$1,714
Property Taxes
14%
$590
Home Insurance
3%
$116
HOA
3%
$117
Property Management
15%
$636
CapEx
4%
$170
Vacancy
0%
$0
Maintenance
4%
$170
Other
25%
$1,060