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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 -15.85% first-year return on $177k initial cash invested.

-15.85%

Cash On Cash

2.38%

Cap Rate

0.41

DSCR

$3,954

Rent

-$2,343

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,954 income − $6,297 expenses = $2,343 out of pocket

Income$3,954Out of Pocket$2,343Mortgage P&I$3,69293%Property Taxes$43611%Insurance$2627%HOA$10Management$59315%CapEx$1584%Maintenance$1584%Other$98825%

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

$3,954

Total Expenses

$6,297

Mortgage P&I

93%

$3,692

Property Taxes

11%

$436

Home Insurance

7%

$262

HOA

0%

$10

Property Management

15%

$593

CapEx

4%

$158

Vacancy

0%

$0

Maintenance

4%

$158

Other

25%

$988

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