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3945 N Vanstone Dr, Commerce Township, MI 48382

3 beds • 4 baths • 3590 sqft

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This property looks like a bad Airbnb investment with a projected -14.01% first-year return on $177k initial cash invested.

-14.01%

Cash On Cash

2.84%

Cap Rate

0.49

DSCR

$4,478

Rent

-$2,072

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$759k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$177k

Downpayment

20%

$152k

Closing costs

1%

$7,592

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,478

Total Expenses

$6,550

Mortgage P&I

82%

$3,692

Property Taxes

10%

$436

Home Insurance

6%

$262

HOA

0%

$10

Property Management

15%

$672

CapEx

4%

$179

Vacancy

0%

$0

Maintenance

4%

$179

Other

25%

$1,120

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