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341 Ridgewood Rd, Rochester, MI 48306

3 beds • 4 baths • 3824 sqft

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This property looks like a bad Airbnb investment with a projected -17.75% first-year return on $152k initial cash invested.

-17.75%

Cash On Cash

1.98%

Cap Rate

0.33

DSCR

$3,106

Rent

-$2,248

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$638k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$152k

Downpayment

20%

$128k

Closing costs

1%

$6,378

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,106

Total Expenses

$5,354

Mortgage P&I

102%

$3,174

Property Taxes

15%

$470

Home Insurance

7%

$206

HOA

0%

$14

Property Management

15%

$466

CapEx

4%

$124

Vacancy

0%

$0

Maintenance

4%

$124

Other

25%

$776

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