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47642 Stephanie Dr, Macomb, MI 48044

3 beds • 2 baths • 1512 sqft

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This property looks like a bad Airbnb investment with a projected -12.67% first-year return on $93,642 initial cash invested.

-12.67%

Cash On Cash

2.9%

Cap Rate

0.5

DSCR

$2,544

Rent

-$989

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$360k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,642

Downpayment

20%

$72,040

Closing costs

1%

$3,602

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,544

Total Expenses

$3,533

Mortgage P&I

69%

$1,757

Property Taxes

17%

$423

Home Insurance

5%

$131

HOA

0%

$0

Property Management

15%

$382

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$636

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