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5837 Northridge Cir, Waterford, MI 48327

3 beds • 3 baths • 2570 sqft

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This property might be a fair Airbnb investment with a projected 0.12% first-year return on $83,457 initial cash invested.

0.12%

Cash On Cash

6.49%

Cap Rate

1.11

DSCR

$3,953

Rent

$8

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

6.2%

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

$3,953

Total Expenses

$3,945

Mortgage P&I

38%

$1,520

Property Taxes

8%

$318

Home Insurance

3%

$110

HOA

3%

$100

Property Management

15%

$593

CapEx

4%

$158

Vacancy

0%

$0

Maintenance

4%

$158

Other

25%

$988

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