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631 Heritage Ln, Rochester Hills, MI 48309

3 beds • 3 baths • 3190 sqft

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This property looks like a bad Airbnb investment with a projected -18.84% first-year return on $130k initial cash invested.

-18.84%

Cash On Cash

1.54%

Cap Rate

0.26

DSCR

$3,071

Rent

-$2,045

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$535k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$107k

Closing costs

1%

$5,345

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,071

Total Expenses

$5,116

Mortgage P&I

85%

$2,608

Property Taxes

20%

$616

Home Insurance

6%

$192

HOA

7%

$225

Property Management

15%

$461

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$768

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