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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 2.97% first-year return on $89,379 initial cash invested.

2.97%

Cash On Cash

7.38%

Cap Rate

1.23

DSCR

$4,332

Rent

$221

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,332 income − $4,111 expenses = $221 cash flow

Income$4,332Mortgage P&I$1,69539%Property Taxes$2095%Insurance$1193%HOA$9Management$65015%CapEx$1734%Maintenance$1734%Other$1,08325%Cash Flow$221

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

$4,332

Total Expenses

$4,111

Mortgage P&I

39%

$1,695

Property Taxes

5%

$209

Home Insurance

3%

$119

HOA

0%

$9

Property Management

15%

$650

CapEx

4%

$173

Vacancy

0%

$0

Maintenance

4%

$173

Other

25%

$1,083

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