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41119 Russet Ln, Plymouth, MI 48170

3 beds • 2 baths • 1532 sqft

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This property looks like a bad Airbnb investment with a projected -1.78% first-year return on $87,573 initial cash invested.

-1.78%

Cash On Cash

6.03%

Cap Rate

1.01

DSCR

$3,816

Rent

-$130

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,816 income − $3,946 expenses = $130 out of pocket

Income$3,816Out of Pocket$130Mortgage P&I$1,64343%Property Taxes$3499%Insurance$1223%Management$57215%CapEx$1534%Maintenance$1534%Other$95425%

Investment Breakdown

|

Purchase Price

$331k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,573

Downpayment

20%

$66,260

Closing costs

1%

$3,313

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,816

Total Expenses

$3,946

Mortgage P&I

43%

$1,643

Property Taxes

9%

$349

Home Insurance

3%

$122

HOA

0%

$0

Property Management

15%

$572

CapEx

4%

$153

Vacancy

0%

$0

Maintenance

4%

$153

Other

25%

$954

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