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7659 Clyde Rd, Fenton, MI 48430

3 beds • 2 baths • 1804 sqft

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This property looks like a bad Airbnb investment with a projected -18.46% first-year return on $119k initial cash invested.

-18.46%

Cash On Cash

1.53%

Cap Rate

0.26

DSCR

$1,746

Rent

-$1,828

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,746 income − $3,574 expenses = $1,828 out of pocket

Income$1,746Out of Pocket$1,828Mortgage P&I$2,369136%Property Taxes$19511%Insurance$17210%Management$26215%CapEx$704%Maintenance$704%Other$43625%

Investment Breakdown

|

Purchase Price

$480k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$96,000

Closing costs

1%

$4,800

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,746

Total Expenses

$3,574

Mortgage P&I

136%

$2,369

Property Taxes

11%

$195

Home Insurance

10%

$172

HOA

0%

$0

Property Management

15%

$262

CapEx

4%

$70

Vacancy

0%

$0

Maintenance

4%

$70

Other

25%

$436

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