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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 -13.65% first-year return on $96,372 initial cash invested.

-13.65%

Cash On Cash

2.68%

Cap Rate

0.45

DSCR

$2,281

Rent

-$1,096

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,281 income − $3,377 expenses = $1,096 out of pocket

Income$2,281Out of Pocket$1,096Mortgage P&I$1,83981%Property Taxes$31314%Insurance$1316%Management$34215%CapEx$914%Maintenance$914%Other$57025%

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

$2,281

Total Expenses

$3,377

Mortgage P&I

81%

$1,839

Property Taxes

14%

$313

Home Insurance

6%

$131

HOA

0%

$0

Property Management

15%

$342

CapEx

4%

$91

Vacancy

0%

$0

Maintenance

4%

$91

Other

25%

$570

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