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470 Crystalia St, Commerce Township, MI 48382

3 beds • 2 baths • 1728 sqft

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This property looks like a bad Airbnb investment with a projected -2.71% first-year return on $88,980 initial cash invested.

-2.71%

Cash On Cash

5.66%

Cap Rate

0.97

DSCR

$3,686

Rent

-$201

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,686 income − $3,887 expenses = $201 out of pocket

Income$3,686Out of Pocket$201Mortgage P&I$1,64945%Property Taxes$3439%Insurance$1263%Management$55315%CapEx$1474%Maintenance$1474%Other$92225%

Investment Breakdown

|

Purchase Price

$338k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,980

Downpayment

20%

$67,600

Closing costs

1%

$3,380

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,686

Total Expenses

$3,887

Mortgage P&I

45%

$1,649

Property Taxes

9%

$343

Home Insurance

3%

$126

HOA

0%

$0

Property Management

15%

$553

CapEx

4%

$147

Vacancy

0%

$0

Maintenance

4%

$147

Other

25%

$922

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