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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 -23.34% first-year return on $116k initial cash invested.
-23.34%
Cash On Cash
0.39%
Cap Rate
0.07
DSCR
$1,379
Rent
-$2,252
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,379 income − $3,631 expenses = $2,252 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
$1,379
Total Expenses
$3,631
Mortgage P&I
170%
$2,350
Property Taxes
32%
$447
Home Insurance
12%
$166
HOA
0%
$6
Property Management
15%
$207
CapEx
4%
$55
Vacancy
0%
$0
Maintenance
4%
$55
Other
25%
$345