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53375 Bunny Ln, Shelby Township, MI 48316

3 beds • 3 baths • 1870 sqft

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This property looks like a bad Airbnb investment with a projected -14.72% first-year return on $124k initial cash invested.

-14.72%

Cash On Cash

2.7%

Cap Rate

0.45

DSCR

$3,392

Rent

-$1,517

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$503k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$124k

Downpayment

20%

$101k

Closing costs

1%

$5,032

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,392

Total Expenses

$4,909

Mortgage P&I

74%

$2,515

Property Taxes

17%

$590

Home Insurance

5%

$175

HOA

0%

$0

Property Management

15%

$509

CapEx

4%

$136

Vacancy

0%

$0

Maintenance

4%

$136

Other

25%

$848

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