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5248 Brookside Dr, Shelby Township, MI 48316

3 beds • 3 baths • 3001 sqft

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This property looks like a bad Airbnb investment with a projected -21.33% first-year return on $113k initial cash invested.

-21.33%

Cash On Cash

0.77%

Cap Rate

0.13

DSCR

$1,536

Rent

-$2,005

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,536 income − $3,541 expenses = $2,005 out of pocket

Income$1,536Out of Pocket$2,005Mortgage P&I$2,235146%Property Taxes$33922%Insurance$23115%Management$23015%CapEx$614%Maintenance$614%Other$38425%

Investment Breakdown

|

Purchase Price

$451k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,280

Closing costs

1%

$4,514

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,536

Total Expenses

$3,541

Mortgage P&I

146%

$2,235

Property Taxes

22%

$339

Home Insurance

15%

$231

HOA

0%

$0

Property Management

15%

$230

CapEx

4%

$61

Vacancy

0%

$0

Maintenance

4%

$61

Other

25%

$384

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