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51763 Battanwood Dr, Macomb, MI 48042

3 beds • 3 baths • 4160 sqft

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This property looks like a bad Airbnb investment with a projected -21.93% first-year return on $152k initial cash invested.

-21.93%

Cash On Cash

1.09%

Cap Rate

0.18

DSCR

$2,550

Rent

-$2,778

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,550 income − $5,328 expenses = $2,778 out of pocket

Income$2,550Out of Pocket$2,778Mortgage P&I$3,257128%Property Taxes$60824%Insurance$2279%HOA$12Management$38215%CapEx$1024%Maintenance$1024%Other$63825%

Investment Breakdown

|

Purchase Price

$638k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$152k

Downpayment

20%

$128k

Closing costs

1%

$6,380

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,550

Total Expenses

$5,328

Mortgage P&I

128%

$3,257

Property Taxes

24%

$608

Home Insurance

9%

$227

HOA

0%

$12

Property Management

15%

$382

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$638

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