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39344 Lorien Dr, Sterling Heights, MI 48313

4 beds • 4 baths • 3493 sqft

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This property looks like a bad Airbnb investment with a projected -12.02% first-year return on $121k initial cash invested.

-12.02%

Cash On Cash

3.16%

Cap Rate

0.53

DSCR

$3,664

Rent

-$1,216

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$464k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$92,800

Closing costs

1%

$4,640

Rehab

0%

$0

Furnishing

5%

$24,000

Cashflow

Total Income

$3,664

Total Expenses

$4,880

Mortgage P&I

63%

$2,292

Property Taxes

18%

$666

Home Insurance

4%

$162

HOA

0%

$0

Property Management

15%

$550

CapEx

4%

$147

Vacancy

0%

$0

Maintenance

4%

$147

Other

25%

$916

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