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46604 Aarons Way, Canton, MI 48188

3 beds • 3 baths • 1864 sqft

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This property looks like a bad Airbnb investment with a projected -3.76% first-year return on $104k initial cash invested.

-3.76%

Cash On Cash

5.6%

Cap Rate

0.94

DSCR

$4,859

Rent

-$327

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,859 income − $5,186 expenses = $327 out of pocket

Income$4,859Out of Pocket$327Mortgage P&I$2,04942%Property Taxes$58612%Insurance$1473%HOA$721%Management$72915%CapEx$1944%Maintenance$1944%Other$1,21525%

Investment Breakdown

|

Purchase Price

$411k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$82,120

Closing costs

1%

$4,106

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,859

Total Expenses

$5,186

Mortgage P&I

42%

$2,049

Property Taxes

12%

$586

Home Insurance

3%

$147

HOA

1%

$72

Property Management

15%

$729

CapEx

4%

$194

Vacancy

0%

$0

Maintenance

4%

$194

Other

25%

$1,215

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