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46902 Amberwood Dr, Shelby Township, MI 48317

3 beds • 4 baths • 3125 sqft

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This property looks like a bad Airbnb investment with a projected -4.78% first-year return on $107k initial cash invested.

-4.78%

Cash On Cash

5.04%

Cap Rate

0.87

DSCR

$4,137

Rent

-$426

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$424k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$84,760

Closing costs

1%

$4,238

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,137

Total Expenses

$4,563

Mortgage P&I

49%

$2,041

Property Taxes

9%

$369

Home Insurance

4%

$149

HOA

0%

$19

Property Management

15%

$621

CapEx

4%

$165

Vacancy

0%

$0

Maintenance

4%

$165

Other

25%

$1,034

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