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8908 Birkhill Dr, Sterling Heights, MI 48314

3 beds • 2 baths • 1875 sqft

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This property might be a fair Airbnb investment with a projected 0.04% first-year return on $81,756 initial cash invested.

0.04%

Cash On Cash

6.56%

Cap Rate

1.1

DSCR

$3,788

Rent

$3

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,788 income − $3,785 expenses = $3 cash flow

Income$3,788Mortgage P&I$1,50540%Property Taxes$36110%Insurance$1003%Management$56815%CapEx$1524%Maintenance$1524%Other$94725%Cash Flow$3

Investment Breakdown

|

Purchase Price

$304k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,756

Downpayment

20%

$60,720

Closing costs

1%

$3,036

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,788

Total Expenses

$3,785

Mortgage P&I

40%

$1,505

Property Taxes

10%

$361

Home Insurance

3%

$100

HOA

0%

$0

Property Management

15%

$568

CapEx

4%

$152

Vacancy

0%

$0

Maintenance

4%

$152

Other

25%

$947

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