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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 -25.7% first-year return on $78,690 initial cash invested.

-25.7%

Cash On Cash

-0.86%

Cap Rate

-0.14

DSCR

$876

Rent

-$1,685

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$876 income − $2,561 expenses = $1,685 out of pocket

Income$876Out of Pocket$1,685Mortgage P&I$1,442165%Property Taxes$59868%Insurance$10112%Management$13115%CapEx$354%Maintenance$354%Other$21925%

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

$876

Total Expenses

$2,561

Mortgage P&I

165%

$1,442

Property Taxes

68%

$598

Home Insurance

12%

$101

HOA

0%

$0

Property Management

15%

$131

CapEx

4%

$35

Vacancy

0%

$0

Maintenance

4%

$35

Other

25%

$219

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