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46270 Hollowoode Ln, Macomb, MI 48044

3 beds • 2 baths • 2194 sqft

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This property looks like a bad Airbnb investment with a projected -9.98% first-year return on $85,578 initial cash invested.

-9.98%

Cash On Cash

3.86%

Cap Rate

0.63

DSCR

$2,581

Rent

-$712

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,581 income − $3,293 expenses = $712 out of pocket

Income$2,581Out of Pocket$712Mortgage P&I$1,64364%Property Taxes$29812%Insurance$1144%Management$38715%CapEx$1034%Maintenance$1034%Other$64525%

Investment Breakdown

|

Purchase Price

$322k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,578

Downpayment

20%

$64,360

Closing costs

1%

$3,218

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,581

Total Expenses

$3,293

Mortgage P&I

64%

$1,643

Property Taxes

12%

$298

Home Insurance

4%

$114

HOA

0%

$0

Property Management

15%

$387

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$645

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