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3463 Coseyburn Rd, Waterford, MI 48329

3 beds • 2 baths • 1870 sqft

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This property looks like a bad Airbnb investment with a projected -9.78% first-year return on $105k initial cash invested.

-9.78%

Cash On Cash

3.74%

Cap Rate

0.64

DSCR

$3,140

Rent

-$857

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$415k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$83,000

Closing costs

1%

$4,150

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,140

Total Expenses

$3,997

Mortgage P&I

64%

$2,025

Property Taxes

10%

$319

Home Insurance

5%

$145

HOA

0%

$0

Property Management

15%

$471

CapEx

4%

$126

Vacancy

0%

$0

Maintenance

4%

$126

Other

25%

$785

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