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7365 Maplelawn Dr, Ypsilanti, MI 48197

3 beds • 3 baths • 1720 sqft

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This property looks like a bad Airbnb investment with a projected -20.34% first-year return on $83,604 initial cash invested.

-20.34%

Cash On Cash

0.97%

Cap Rate

0.16

DSCR

$1,183

Rent

-$1,417

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,183 income − $2,600 expenses = $1,417 out of pocket

Income$1,183Out of Pocket$1,417Mortgage P&I$1,623137%Property Taxes$27123%Insurance$11610%HOA$232%Management$17715%CapEx$474%Maintenance$474%Other$29625%

Investment Breakdown

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Purchase Price

$312k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,604

Downpayment

20%

$62,480

Closing costs

1%

$3,124

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,183

Total Expenses

$2,600

Mortgage P&I

137%

$1,623

Property Taxes

23%

$271

Home Insurance

10%

$116

HOA

2%

$23

Property Management

15%

$177

CapEx

4%

$47

Vacancy

0%

$0

Maintenance

4%

$47

Other

25%

$296

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