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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 -10.48% first-year return on $60,945 initial cash invested.

-10.48%

Cash On Cash

4.02%

Cap Rate

0.62

DSCR

$2,605

Rent

-$532

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,605 income − $3,137 expenses = $532 out of pocket

Income$2,605Out of Pocket$532Mortgage P&I$1,11343%Property Taxes$70227%Insurance$723%Management$39115%CapEx$1044%Maintenance$1044%Other$65125%

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

$2,605

Total Expenses

$3,137

Mortgage P&I

43%

$1,113

Property Taxes

27%

$702

Home Insurance

3%

$72

HOA

0%

$0

Property Management

15%

$391

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$651

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