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7035 Ten Hill Rd, West Bloomfield, MI 48322

3 beds • 3 baths • 3948 sqft

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This property looks like a bad Airbnb investment with a projected -25.92% first-year return on $190k initial cash invested.

-25.92%

Cash On Cash

0.01%

Cap Rate

0

DSCR

$2,753

Rent

-$4,114

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,753 income − $6,867 expenses = $4,114 out of pocket

Income$2,753Out of Pocket$4,114Mortgage P&I$4,014146%Property Taxes$1,23545%Insurance$29711%Management$41315%CapEx$1104%Maintenance$1104%Other$68825%

Investment Breakdown

|

Purchase Price

$821k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$190k

Downpayment

20%

$164k

Closing costs

1%

$8,214

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,753

Total Expenses

$6,867

Mortgage P&I

146%

$4,014

Property Taxes

45%

$1,235

Home Insurance

11%

$297

HOA

0%

$0

Property Management

15%

$413

CapEx

4%

$110

Vacancy

0%

$0

Maintenance

4%

$110

Other

25%

$688

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