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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 -12.08% first-year return on $123k initial cash invested.

-12.08%

Cash On Cash

3.33%

Cap Rate

0.56

DSCR

$3,702

Rent

-$1,238

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,702 income − $4,940 expenses = $1,238 out of pocket

Income$3,702Out of Pocket$1,238Mortgage P&I$2,47967%Property Taxes$50114%Insurance$1755%HOA$8Management$55515%CapEx$1484%Maintenance$1484%Other$92625%

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

$3,702

Total Expenses

$4,940

Mortgage P&I

67%

$2,479

Property Taxes

14%

$501

Home Insurance

5%

$175

HOA

0%

$8

Property Management

15%

$555

CapEx

4%

$148

Vacancy

0%

$0

Maintenance

4%

$148

Other

25%

$926

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