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50647 Bredenbury Dr, Macomb, MI 48044

3 beds • 3 baths • 3014 sqft

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This property looks like a bad Airbnb investment with a projected -15.05% first-year return on $124k initial cash invested.

-15.05%

Cash On Cash

2.53%

Cap Rate

0.43

DSCR

$3,245

Rent

-$1,557

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,245 income − $4,802 expenses = $1,557 out of pocket

Income$3,245Out of Pocket$1,557Mortgage P&I$2,49477%Property Taxes$52916%Insurance$1715%HOA$502%Management$48715%CapEx$1304%Maintenance$1304%Other$81125%

Investment Breakdown

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Purchase Price

$505k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$124k

Downpayment

20%

$101k

Closing costs

1%

$5,053

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,245

Total Expenses

$4,802

Mortgage P&I

77%

$2,494

Property Taxes

16%

$529

Home Insurance

5%

$171

HOA

2%

$50

Property Management

15%

$487

CapEx

4%

$130

Vacancy

0%

$0

Maintenance

4%

$130

Other

25%

$811

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