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8260 Clinton River Rd, Sterling Heights, MI 48314
3 beds • 1 baths • 1419 sqft
$189,000
View on ZillowThis property could be a profitable Airbnb investment with a projected 14.35% first-year return on $57,690 initial cash invested.
14.35%
Cash On Cash
11.64%
Cap Rate
1.84
DSCR
$3,717
Rent
$690
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$189k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,690
Downpayment
20%
$37,800
Closing costs
1%
$1,890
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$3,717
Total Expenses
$3,027
Mortgage P&I
27%
$994
Property Taxes
5%
$182
Home Insurance
2%
$66
HOA
0%
$0
Property Management
15%
$558
CapEx
4%
$149
Vacancy
0%
$0
Maintenance
4%
$149
Other
25%
$929
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Comparable Property | Rent | ADR | Beds | Baths | Distance |
|---|---|---|---|---|---|
3 Bedroom Industrial Vibe | $3,223 | $163 | 3 | 1.5 | 2.89 mi |
Bright 3BR Getaway | Sleeps 6 in Sterling Heights | $3,322 | $168 | 3 | 1.5 | 3.39 mi |
Vibrant Home *Near Beaumont, Henry Ford & GM | $3,598 | $182 | 3 | 2 | 2.05 mi |
Modern 3BR Apt | Sleeps 8 | Prime Sterling Heights | $4,231 | $214 | 3 | 1.5 | 3.37 mi |
104 W Rancho Del Cerro | $2,500 | $250 | 4 | 2 | 1.3 mi |
1255 S Forest Knoll St | $1,100 | $110 | 2 | 1 | 0.9 mi |
2022 S American St | $2,850 | $285 | 5 | 4 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | $110 | 2 | 1 | 0.9 mi |
2022 S American St | $2,850 | $285 | 5 | 4 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | $110 | 2 | 1 | 0.9 mi |
2022 S American St | $2,850 | $285 | 5 | 4 | 0.6 mi |
Projection Charts
Investment Value YoY
Annualized Return
Investment projections and seasonality
CoC vs Downpayment
Investment projections and seasonality
CoC vs Purchase Price
Investment projections and seasonality