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6920 Coolidge Hwy, Troy, MI 48098

3 beds • 2 baths • 2073 sqft

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This property looks like a bad Airbnb investment with a projected -14.13% first-year return on $148k initial cash invested.

-14.13%

Cash On Cash

3%

Cap Rate

0.49

DSCR

$3,548

Rent

-$1,745

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,548 income − $5,293 expenses = $1,745 out of pocket

Income$3,548Out of Pocket$1,745Mortgage P&I$3,15389%Property Taxes$2206%Insurance$2176%Management$53215%CapEx$1424%Maintenance$1424%Other$88725%

Investment Breakdown

|

Purchase Price

$620k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$148k

Downpayment

20%

$124k

Closing costs

1%

$6,199

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,548

Total Expenses

$5,293

Mortgage P&I

89%

$3,153

Property Taxes

6%

$220

Home Insurance

6%

$217

HOA

0%

$0

Property Management

15%

$532

CapEx

4%

$142

Vacancy

0%

$0

Maintenance

4%

$142

Other

25%

$887

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