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42040 Ryan Rd, Sterling Heights, MI 48314

3 beds • 2 baths • 1260 sqft

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This property looks like a bad Airbnb investment with a projected -6.8% first-year return on $83,793 initial cash invested.

-6.8%

Cash On Cash

4.87%

Cap Rate

0.78

DSCR

$2,766

Rent

-$475

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,766 income − $3,241 expenses = $475 out of pocket

Income$2,766Out of Pocket$475Mortgage P&I$1,63559%Property Taxes$1646%Insurance$1134%Management$41515%CapEx$1114%Maintenance$1114%Other$69225%

Investment Breakdown

|

Purchase Price

$313k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,793

Downpayment

20%

$62,660

Closing costs

1%

$3,133

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,766

Total Expenses

$3,241

Mortgage P&I

59%

$1,635

Property Taxes

6%

$164

Home Insurance

4%

$113

HOA

0%

$0

Property Management

15%

$415

CapEx

4%

$111

Vacancy

0%

$0

Maintenance

4%

$111

Other

25%

$692

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