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57558 Suffield Dr, Washington, MI 48094

3 beds • 3 baths • 2095 sqft

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This property looks like a bad Airbnb investment with a projected -23.97% first-year return on $115k initial cash invested.

-23.97%

Cash On Cash

0.08%

Cap Rate

0.01

DSCR

$1,022

Rent

-$2,303

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,022 income − $3,325 expenses = $2,303 out of pocket

Income$1,022Out of Pocket$2,303Mortgage P&I$2,291224%Property Taxes$34033%Insurance$16316%HOA$404%Management$15315%CapEx$414%Maintenance$414%Other$25625%

Investment Breakdown

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Purchase Price

$463k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$92,660

Closing costs

1%

$4,633

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,022

Total Expenses

$3,325

Mortgage P&I

224%

$2,291

Property Taxes

33%

$340

Home Insurance

16%

$163

HOA

4%

$40

Property Management

15%

$153

CapEx

4%

$41

Vacancy

0%

$0

Maintenance

4%

$41

Other

25%

$256

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