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6480 Grand Circle Dr, Brighton, MI 48116

3 beds • 3 baths • 2286 sqft

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This property looks like a bad Airbnb investment with a projected -0.95% first-year return on $114k initial cash invested.

-0.95%

Cash On Cash

6.43%

Cap Rate

1.05

DSCR

$5,141

Rent

-$90

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,141 income − $5,231 expenses = $90 out of pocket

Income$5,141Out of Pocket$90Mortgage P&I$2,33645%Property Taxes$2615%Insurance$1633%HOA$3Management$77115%CapEx$2064%Maintenance$2064%Other$1,28525%

Investment Breakdown

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Purchase Price

$458k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$91,500

Closing costs

1%

$4,575

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,141

Total Expenses

$5,231

Mortgage P&I

45%

$2,336

Property Taxes

5%

$261

Home Insurance

3%

$163

HOA

0%

$3

Property Management

15%

$771

CapEx

4%

$206

Vacancy

0%

$0

Maintenance

4%

$206

Other

25%

$1,285

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