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535 S Campbell Rd, Royal Oak, MI 48067

3 beds • 3 baths • 1700 sqft

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This property might be a fair Airbnb investment with a projected 3.42% first-year return on $83,457 initial cash invested.

3.42%

Cash On Cash

7.65%

Cap Rate

1.28

DSCR

$4,790

Rent

$238

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$312k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,457

Downpayment

20%

$62,340

Closing costs

1%

$3,117

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,790

Total Expenses

$4,552

Mortgage P&I

33%

$1,558

Property Taxes

12%

$587

Home Insurance

2%

$107

HOA

0%

$0

Property Management

15%

$718

CapEx

4%

$192

Vacancy

0%

$0

Maintenance

4%

$192

Other

25%

$1,198

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