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5097 Collington Dr, Troy, MI 48098

3 beds • 3 baths • 2033 sqft

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This property looks like a bad Airbnb investment with a projected -16.08% first-year return on $123k initial cash invested.

-16.08%

Cash On Cash

2.28%

Cap Rate

0.38

DSCR

$2,914

Rent

-$1,648

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,914 income − $4,562 expenses = $1,648 out of pocket

Income$2,914Out of Pocket$1,648Mortgage P&I$2,47985%Property Taxes$50117%Insurance$1756%HOA$8Management$43715%CapEx$1174%Maintenance$1174%Other$72825%

Investment Breakdown

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Purchase Price

$500k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$99,980

Closing costs

1%

$4,999

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,914

Total Expenses

$4,562

Mortgage P&I

85%

$2,479

Property Taxes

17%

$501

Home Insurance

6%

$175

HOA

0%

$8

Property Management

15%

$437

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$728

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