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51965 Sequoya Dr, Macomb, MI 48042

3 beds • 3 baths • 3005 sqft

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This property looks like a bad Airbnb investment with a projected -19.59% first-year return on $106k initial cash invested.

-19.59%

Cash On Cash

1.25%

Cap Rate

0.21

DSCR

$1,909

Rent

-$1,724

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,909 income − $3,633 expenses = $1,724 out of pocket

Income$1,909Out of Pocket$1,724Mortgage P&I$2,082109%Property Taxes$47825%Insurance$1498%HOA$9Management$28615%CapEx$764%Maintenance$764%Other$47725%

Investment Breakdown

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Purchase Price

$417k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$83,440

Closing costs

1%

$4,172

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,909

Total Expenses

$3,633

Mortgage P&I

109%

$2,082

Property Taxes

25%

$478

Home Insurance

8%

$149

HOA

0%

$9

Property Management

15%

$286

CapEx

4%

$76

Vacancy

0%

$0

Maintenance

4%

$76

Other

25%

$477

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