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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 -16.82% first-year return on $95,973 initial cash invested.

-16.82%

Cash On Cash

2.02%

Cap Rate

0.33

DSCR

$2,376

Rent

-$1,345

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,376 income − $3,721 expenses = $1,345 out of pocket

Income$2,376Out of Pocket$1,345Mortgage P&I$1,87479%Property Taxes$55323%Insurance$1336%HOA$211%Management$35615%CapEx$954%Maintenance$954%Other$59425%

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

$2,376

Total Expenses

$3,721

Mortgage P&I

79%

$1,874

Property Taxes

23%

$553

Home Insurance

6%

$133

HOA

1%

$21

Property Management

15%

$356

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$594

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