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4161 Seminole Dr, Royal Oak, MI 48073

3 beds • 2 baths • 1767 sqft

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This property looks like a bad Airbnb investment with a projected -15.79% first-year return on $124k initial cash invested.

-15.79%

Cash On Cash

2.28%

Cap Rate

0.39

DSCR

$3,190

Rent

-$1,630

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$504k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$124k

Downpayment

20%

$101k

Closing costs

1%

$5,042

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,190

Total Expenses

$4,820

Mortgage P&I

77%

$2,460

Property Taxes

21%

$662

Home Insurance

5%

$166

HOA

0%

$0

Property Management

15%

$478

CapEx

4%

$128

Vacancy

0%

$0

Maintenance

4%

$128

Other

25%

$798

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