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3887 Stonecrest Rd, West Bloomfield, MI 48322

3 beds • 2 baths • 1749 sqft

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This property looks like a bad Airbnb investment with a projected -15.22% first-year return on $114k initial cash invested.

-15.22%

Cash On Cash

2.48%

Cap Rate

0.41

DSCR

$2,727

Rent

-$1,443

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,727 income − $4,170 expenses = $1,443 out of pocket

Income$2,727Out of Pocket$1,443Mortgage P&I$2,27683%Property Taxes$42015%Insurance$1606%HOA$5Management$40915%CapEx$1094%Maintenance$1094%Other$68225%

Investment Breakdown

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Purchase Price

$456k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$91,200

Closing costs

1%

$4,560

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,727

Total Expenses

$4,170

Mortgage P&I

83%

$2,276

Property Taxes

15%

$420

Home Insurance

6%

$160

HOA

0%

$5

Property Management

15%

$409

CapEx

4%

$109

Vacancy

0%

$0

Maintenance

4%

$109

Other

25%

$682

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