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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 -5.91% first-year return on $103k initial cash invested.

-5.91%

Cash On Cash

4.79%

Cap Rate

0.82

DSCR

$3,822

Rent

-$506

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,822 income − $4,328 expenses = $506 out of pocket

Income$3,822Out of Pocket$506Mortgage P&I$1,96451%Property Taxes$38410%Insurance$1454%Management$57315%CapEx$1534%Maintenance$1534%Other$95625%

Investment Breakdown

|

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

$3,822

Total Expenses

$4,328

Mortgage P&I

51%

$1,964

Property Taxes

10%

$384

Home Insurance

4%

$145

HOA

0%

$0

Property Management

15%

$573

CapEx

4%

$153

Vacancy

0%

$0

Maintenance

4%

$153

Other

25%

$956

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