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3687 Wentworth Dr SW, Wyoming, MI 49519

3 beds • 3 baths • 2200 sqft

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This property looks like a bad Airbnb investment with a projected -14.38% first-year return on $118k initial cash invested.

-14.38%

Cash On Cash

2.49%

Cap Rate

0.43

DSCR

$2,676

Rent

-$1,411

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$475k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$95,000

Closing costs

1%

$4,750

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,676

Total Expenses

$4,087

Mortgage P&I

86%

$2,288

Property Taxes

13%

$349

Home Insurance

6%

$166

HOA

0%

$0

Property Management

15%

$401

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$669

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