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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 -4.46% first-year return on $63,990 initial cash invested.

-4.46%

Cash On Cash

5.52%

Cap Rate

0.88

DSCR

$2,527

Rent

-$238

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

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

$2,527

Total Expenses

$2,765

Mortgage P&I

45%

$1,145

Property Taxes

13%

$330

Home Insurance

3%

$77

HOA

0%

$0

Property Management

15%

$379

CapEx

4%

$101

Vacancy

0%

$0

Maintenance

4%

$101

Other

25%

$632

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