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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 -8.6% first-year return on $96,372 initial cash invested.

-8.6%

Cash On Cash

4.09%

Cap Rate

0.69

DSCR

$3,063

Rent

-$691

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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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

$3,063

Total Expenses

$3,754

Mortgage P&I

60%

$1,839

Property Taxes

10%

$313

Home Insurance

4%

$131

HOA

0%

$0

Property Management

15%

$459

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$766

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