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8618 Alwardt Dr, Sterling Heights, MI 48313

3 beds • 2 baths • 2307 sqft

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This property might be a fair Airbnb investment with a projected 0.62% first-year return on $81,861 initial cash invested.

0.62%

Cash On Cash

6.66%

Cap Rate

1.13

DSCR

$3,849

Rent

$42

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$304k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,861

Downpayment

20%

$60,820

Closing costs

1%

$3,041

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,849

Total Expenses

$3,807

Mortgage P&I

39%

$1,492

Property Taxes

9%

$363

Home Insurance

3%

$105

HOA

0%

$0

Property Management

15%

$577

CapEx

4%

$154

Vacancy

0%

$0

Maintenance

4%

$154

Other

25%

$962

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