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4131 Ayrshire Dr SW, Wyoming, MI 49418

3 beds • 3 baths • 2001 sqft

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This property looks like a bad Airbnb investment with a projected -10.91% first-year return on $121k initial cash invested.

-10.91%

Cash On Cash

3.57%

Cap Rate

0.61

DSCR

$4,006

Rent

-$1,102

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,006 income − $5,108 expenses = $1,102 out of pocket

Income$4,006Out of Pocket$1,102Mortgage P&I$2,40560%Property Taxes$56814%Insurance$1754%HOA$371%Management$60115%CapEx$1604%Maintenance$1604%Other$1,00225%

Investment Breakdown

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Purchase Price

$491k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$98,280

Closing costs

1%

$4,914

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,006

Total Expenses

$5,108

Mortgage P&I

60%

$2,405

Property Taxes

14%

$568

Home Insurance

4%

$175

HOA

1%

$37

Property Management

15%

$601

CapEx

4%

$160

Vacancy

0%

$0

Maintenance

4%

$160

Other

25%

$1,002

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