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4844 Whitlow Blvd, Commerce Township, MI 48382

3 beds • 2 baths • 1400 sqft

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This property might be a fair Airbnb investment with a projected 3.28% first-year return on $89,379 initial cash invested.

3.28%

Cash On Cash

7.46%

Cap Rate

1.25

DSCR

$4,377

Rent

$244

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,377 income − $4,133 expenses = $244 cash flow

Income$4,377Mortgage P&I$1,69539%Property Taxes$2095%Insurance$1193%HOA$9Management$65715%CapEx$1754%Maintenance$1754%Other$1,09425%Cash Flow$244

Investment Breakdown

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Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,379

Downpayment

20%

$67,980

Closing costs

1%

$3,399

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,377

Total Expenses

$4,133

Mortgage P&I

39%

$1,695

Property Taxes

5%

$209

Home Insurance

3%

$119

HOA

0%

$9

Property Management

15%

$657

CapEx

4%

$175

Vacancy

0%

$0

Maintenance

4%

$175

Other

25%

$1,094

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