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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 -11.43% first-year return on $103k initial cash invested.

-11.43%

Cash On Cash

3.27%

Cap Rate

0.56

DSCR

$2,911

Rent

-$979

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,911 income − $3,890 expenses = $979 out of pocket

Income$2,911Out of Pocket$979Mortgage P&I$1,96467%Property Taxes$38413%Insurance$1455%Management$43715%CapEx$1164%Maintenance$1164%Other$72825%

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

$2,911

Total Expenses

$3,890

Mortgage P&I

67%

$1,964

Property Taxes

13%

$384

Home Insurance

5%

$145

HOA

0%

$0

Property Management

15%

$437

CapEx

4%

$116

Vacancy

0%

$0

Maintenance

4%

$116

Other

25%

$728

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