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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 -22.93% first-year return on $115k initial cash invested.

-22.93%

Cash On Cash

0.35%

Cap Rate

0.06

DSCR

$1,215

Rent

-$2,203

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,215 income − $3,418 expenses = $2,203 out of pocket

Income$1,215Out of Pocket$2,203Mortgage P&I$2,291189%Property Taxes$34028%Insurance$16313%HOA$403%Management$18215%CapEx$494%Maintenance$494%Other$30425%

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

$1,215

Total Expenses

$3,418

Mortgage P&I

189%

$2,291

Property Taxes

28%

$340

Home Insurance

13%

$163

HOA

3%

$40

Property Management

15%

$182

CapEx

4%

$49

Vacancy

0%

$0

Maintenance

4%

$49

Other

25%

$304

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