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415 Theodore Dr, Monroe, MI 48162

3 beds • 2 baths • 1167 sqft

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This property looks like a bad Airbnb investment with a projected -3.98% first-year return on $63,990 initial cash invested.

-3.98%

Cash On Cash

5.68%

Cap Rate

0.9

DSCR

$2,577

Rent

-$212

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,577 income − $2,789 expenses = $212 out of pocket

Income$2,577Out of Pocket$212Mortgage P&I$1,14544%Property Taxes$33013%Insurance$773%Management$38715%CapEx$1034%Maintenance$1034%Other$64425%

Investment Breakdown

|

Purchase Price

$219k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,990

Downpayment

20%

$43,800

Closing costs

1%

$2,190

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,577

Total Expenses

$2,789

Mortgage P&I

44%

$1,145

Property Taxes

13%

$330

Home Insurance

3%

$77

HOA

0%

$0

Property Management

15%

$387

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$644

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