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4937 Oak Park Dr, Clarkston, MI 48346

3 beds • 3 baths • 2652 sqft

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This property looks like a bad Airbnb investment with a projected -6.36% first-year return on $103k initial cash invested.

-6.36%

Cash On Cash

4.66%

Cap Rate

0.8

DSCR

$3,746

Rent

-$545

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$404k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$80,760

Closing costs

1%

$4,038

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,746

Total Expenses

$4,291

Mortgage P&I

52%

$1,964

Property Taxes

10%

$384

Home Insurance

4%

$145

HOA

0%

$0

Property Management

15%

$562

CapEx

4%

$150

Vacancy

0%

$0

Maintenance

4%

$150

Other

25%

$936

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