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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 -27.67% first-year return on $104k initial cash invested.

-27.67%

Cash On Cash

-0.93%

Cap Rate

-0.16

DSCR

$868

Rent

-$2,403

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$868 income − $3,271 expenses = $2,403 out of pocket

Income$868Out of Pocket$2,403Mortgage P&I$2,049236%Property Taxes$58668%Insurance$14717%HOA$728%Management$13015%CapEx$354%Maintenance$354%Other$21725%

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

$868

Total Expenses

$3,271

Mortgage P&I

236%

$2,049

Property Taxes

68%

$586

Home Insurance

17%

$147

HOA

8%

$72

Property Management

15%

$130

CapEx

4%

$35

Vacancy

0%

$0

Maintenance

4%

$35

Other

25%

$217

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