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35656 Saxony Dr, Sterling Heights, MI 48310

3 beds • 2 baths • 2777 sqft

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This property looks like a bad Airbnb investment with a projected -1.04% first-year return on $84,570 initial cash invested.

-1.04%

Cash On Cash

6.2%

Cap Rate

1.05

DSCR

$3,611

Rent

-$73

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$317k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,570

Downpayment

20%

$63,400

Closing costs

1%

$3,170

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,611

Total Expenses

$3,684

Mortgage P&I

43%

$1,566

Property Taxes

8%

$274

Home Insurance

3%

$111

HOA

0%

$0

Property Management

15%

$542

CapEx

4%

$144

Vacancy

0%

$0

Maintenance

4%

$144

Other

25%

$903

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Comparable Property

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