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8412 Beacon Ln, Northville, MI 48168

3 beds • 3 baths • 3710 sqft

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This property looks like a bad Airbnb investment with a projected -16.42% first-year return on $141k initial cash invested.

-16.42%

Cash On Cash

2.13%

Cap Rate

0.36

DSCR

$2,971

Rent

-$1,927

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,971 income − $4,898 expenses = $1,927 out of pocket

Income$2,971Out of Pocket$1,927Mortgage P&I$2,84596%Property Taxes$42114%Insurance$2057%Management$44615%CapEx$1194%Maintenance$1194%Other$74325%

Investment Breakdown

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Purchase Price

$585k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$141k

Downpayment

20%

$117k

Closing costs

1%

$5,850

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,971

Total Expenses

$4,898

Mortgage P&I

96%

$2,845

Property Taxes

14%

$421

Home Insurance

7%

$205

HOA

0%

$0

Property Management

15%

$446

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$743

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