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7878 Greene Farm Dr, Ypsilanti, MI 48197

3 beds • 3 baths • 1769 sqft

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This property looks like a bad Airbnb investment with a projected -11.4% first-year return on $95,973 initial cash invested.

-11.4%

Cash On Cash

3.52%

Cap Rate

0.58

DSCR

$3,208

Rent

-$912

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,208 income − $4,120 expenses = $912 out of pocket

Income$3,208Out of Pocket$912Mortgage P&I$1,87458%Property Taxes$55317%Insurance$1334%HOA$211%Management$48115%CapEx$1284%Maintenance$1284%Other$80225%

Investment Breakdown

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Purchase Price

$371k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,973

Downpayment

20%

$74,260

Closing costs

1%

$3,713

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,208

Total Expenses

$4,120

Mortgage P&I

58%

$1,874

Property Taxes

17%

$553

Home Insurance

4%

$133

HOA

1%

$21

Property Management

15%

$481

CapEx

4%

$128

Vacancy

0%

$0

Maintenance

4%

$128

Other

25%

$802

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