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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 -19.41% first-year return on $113k initial cash invested.

-19.41%

Cash On Cash

1.29%

Cap Rate

0.22

DSCR

$1,885

Rent

-$1,824

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,885 income − $3,709 expenses = $1,824 out of pocket

Income$1,885Out of Pocket$1,824Mortgage P&I$2,235119%Property Taxes$33918%Insurance$23112%Management$28315%CapEx$754%Maintenance$754%Other$47125%

Investment Breakdown

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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

$1,885

Total Expenses

$3,709

Mortgage P&I

119%

$2,235

Property Taxes

18%

$339

Home Insurance

12%

$231

HOA

0%

$0

Property Management

15%

$283

CapEx

4%

$75

Vacancy

0%

$0

Maintenance

4%

$75

Other

25%

$471

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