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53435 Pimpernil Ln, Chesterfield, MI 48051

3 beds • 3 baths • 2826 sqft

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This property looks like a bad Airbnb investment with a projected -6.91% first-year return on $96,372 initial cash invested.

-6.91%

Cash On Cash

4.56%

Cap Rate

0.77

DSCR

$3,324

Rent

-$555

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,324 income − $3,879 expenses = $555 out of pocket

Income$3,324Out of Pocket$555Mortgage P&I$1,83955%Property Taxes$3139%Insurance$1314%Management$49915%CapEx$1334%Maintenance$1334%Other$83125%

Investment Breakdown

|

Purchase Price

$373k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,372

Downpayment

20%

$74,640

Closing costs

1%

$3,732

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,324

Total Expenses

$3,879

Mortgage P&I

55%

$1,839

Property Taxes

9%

$313

Home Insurance

4%

$131

HOA

0%

$0

Property Management

15%

$499

CapEx

4%

$133

Vacancy

0%

$0

Maintenance

4%

$133

Other

25%

$831

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