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741 Inverness Dr, Oxford, MI 48371

3 beds • 2 baths • 1502 sqft

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This property looks like a bad Airbnb investment with a projected -9.13% first-year return on $88,560 initial cash invested.

-9.13%

Cash On Cash

3.79%

Cap Rate

0.65

DSCR

$2,540

Rent

-$674

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,540 income − $3,214 expenses = $674 out of pocket

Income$2,540Out of Pocket$674Mortgage P&I$1,63464%Property Taxes$2419%Insurance$1195%Management$38115%CapEx$1024%Maintenance$1024%Other$63525%

Investment Breakdown

|

Purchase Price

$336k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,560

Downpayment

20%

$67,200

Closing costs

1%

$3,360

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,540

Total Expenses

$3,214

Mortgage P&I

64%

$1,634

Property Taxes

9%

$241

Home Insurance

5%

$119

HOA

0%

$0

Property Management

15%

$381

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$635

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