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32704 Ann Arbor Trl, Westland, MI 48185

3 beds • 2 baths • 1600 sqft

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This property looks like a bad Airbnb investment with a projected -25.12% first-year return on $78,690 initial cash invested.

-25.12%

Cash On Cash

-0.69%

Cap Rate

-0.12

DSCR

$951

Rent

-$1,647

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$951 income − $2,598 expenses = $1,647 out of pocket

Income$951Out of Pocket$1,647Mortgage P&I$1,442152%Property Taxes$59863%Insurance$10111%Management$14315%CapEx$384%Maintenance$384%Other$23825%

Investment Breakdown

|

Purchase Price

$289k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,690

Downpayment

20%

$57,800

Closing costs

1%

$2,890

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$951

Total Expenses

$2,598

Mortgage P&I

152%

$1,442

Property Taxes

63%

$598

Home Insurance

11%

$101

HOA

0%

$0

Property Management

15%

$143

CapEx

4%

$38

Vacancy

0%

$0

Maintenance

4%

$38

Other

25%

$238

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