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571 Cristy Ave, Waterford, MI 48328

3 beds • 2 baths • 1679 sqft

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This property looks like a bad Airbnb investment with a projected -12.31% first-year return on $60,945 initial cash invested.

-12.31%

Cash On Cash

3.43%

Cap Rate

0.53

DSCR

$2,426

Rent

-$625

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,426 income − $3,051 expenses = $625 out of pocket

Income$2,426Out of Pocket$625Mortgage P&I$1,11346%Property Taxes$70229%Insurance$723%Management$36415%CapEx$974%Maintenance$974%Other$60625%

Investment Breakdown

|

Purchase Price

$205k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,945

Downpayment

20%

$40,900

Closing costs

1%

$2,045

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,426

Total Expenses

$3,051

Mortgage P&I

46%

$1,113

Property Taxes

29%

$702

Home Insurance

3%

$72

HOA

0%

$0

Property Management

15%

$364

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$606

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