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3324 Hartslock Woods Dr, West Bloomfield, MI 48322
3 beds • 3 baths • 2542 sqft
$465,700
View on ZillowThis property looks like a bad Airbnb investment with a projected -11.31% first-year return on $116k initial cash invested.
-11.31%
Cash On Cash
3.62%
Cap Rate
0.6
DSCR
$3,613
Rent
-$1,091
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,613 income − $4,704 expenses = $1,091 out of pocket
Investment Breakdown
|
Purchase Price
$466k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$116k
Downpayment
20%
$93,140
Closing costs
1%
$4,657
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$3,613
Total Expenses
$4,704
Mortgage P&I
65%
$2,350
Property Taxes
12%
$447
Home Insurance
5%
$166
HOA
0%
$6
Property Management
15%
$542
CapEx
4%
$145
Vacancy
0%
$0
Maintenance
4%
$145
Other
25%
$903