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34651 Wood St, Livonia, MI 48154

4 beds • 3 baths • 2448 sqft

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This property looks like a bad Airbnb investment with a projected -6.48% first-year return on $120k initial cash invested.

-6.48%

Cash On Cash

4.68%

Cap Rate

0.79

DSCR

$4,372

Rent

-$650

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$459k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$91,760

Closing costs

1%

$4,588

Rehab

0%

$0

Furnishing

5%

$24,000

Cashflow

Total Income

$4,372

Total Expenses

$5,022

Mortgage P&I

52%

$2,266

Property Taxes

11%

$494

Home Insurance

4%

$163

HOA

0%

$0

Property Management

15%

$656

CapEx

4%

$175

Vacancy

0%

$0

Maintenance

4%

$175

Other

25%

$1,093

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Beds

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4

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4

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1.3 mi

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2

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0.9 mi

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5

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2

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5

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0.6 mi

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2

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$2,850

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