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4660 Woodhull Dr, Clarkston, MI 48346

3 beds • 3 baths • 3127 sqft

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This property looks like a bad Airbnb investment with a projected -2.44% first-year return on $97,800 initial cash invested.

-2.44%

Cash On Cash

5.87%

Cap Rate

0.98

DSCR

$4,052

Rent

-$199

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,052 income − $4,251 expenses = $199 out of pocket

Income$4,052Out of Pocket$199Mortgage P&I$1,89747%Property Taxes$2767%Insurance$1333%Management$60815%CapEx$1624%Maintenance$1624%Other$1,01325%

Investment Breakdown

|

Purchase Price

$380k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,800

Downpayment

20%

$76,000

Closing costs

1%

$3,800

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,052

Total Expenses

$4,251

Mortgage P&I

47%

$1,897

Property Taxes

7%

$276

Home Insurance

3%

$133

HOA

0%

$0

Property Management

15%

$608

CapEx

4%

$162

Vacancy

0%

$0

Maintenance

4%

$162

Other

25%

$1,013

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