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3620 Huron St, Dearborn, MI 48124

3 beds • 2 baths • 1850 sqft

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This property might be a fair Airbnb investment with a projected 1.97% first-year return on $65,082 initial cash invested.

1.97%

Cash On Cash

7.57%

Cap Rate

1.2

DSCR

$3,221

Rent

$107

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,221 income − $3,114 expenses = $107 cash flow

Income$3,221Mortgage P&I$1,17837%Property Taxes$3029%Insurance$883%Management$48315%CapEx$1294%Maintenance$1294%Other$80525%Cash Flow$107

Investment Breakdown

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Purchase Price

$224k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,082

Downpayment

20%

$44,840

Closing costs

1%

$2,242

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,221

Total Expenses

$3,114

Mortgage P&I

37%

$1,178

Property Taxes

9%

$302

Home Insurance

3%

$88

HOA

0%

$0

Property Management

15%

$483

CapEx

4%

$129

Vacancy

0%

$0

Maintenance

4%

$129

Other

25%

$805

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