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45850 Private Shore Dr, Chesterfield, MI 48047

3 beds • 3 baths • 3500 sqft

$1,399,900

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This property looks like a bad Airbnb investment with a projected -30.31% first-year return on $312k initial cash invested.

-30.31%

Cash On Cash

-0.55%

Cap Rate

-0.09

DSCR

$686

Rent

-$7,880

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$686 income − $8,566 expenses = $7,880 out of pocket

Income$686Out of Pocket$7,880Mortgage P&I$7,2151052%Property Taxes$52276%Insurance$49071%HOA$101%Management$10315%CapEx$274%Maintenance$274%Other$17225%

Investment Breakdown

|

Purchase Price

$1400k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$312k

Downpayment

20%

$280k

Closing costs

1%

$13,999

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$686

Total Expenses

$8,566

Mortgage P&I

1052%

$7,215

Property Taxes

76%

$522

Home Insurance

71%

$490

HOA

1%

$10

Property Management

15%

$103

CapEx

4%

$27

Vacancy

0%

$0

Maintenance

4%

$27

Other

25%

$172

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