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8915 Oakview St, Plymouth, MI 48170

3 beds • 2 baths • 1302 sqft

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This property could be a profitable Airbnb investment with a projected 16.41% first-year return on $102k initial cash invested.

16.41%

Cash On Cash

10.92%

Cap Rate

1.86

DSCR

$7,280

Rent

$1,395

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,280 income − $5,885 expenses = $1,395 cash flow

Income$7,280Mortgage P&I$1,95427%Property Taxes$2974%Insurance$1402%Management$1,09215%CapEx$2914%Maintenance$2914%Other$1,82025%Cash Flow$1,395

Investment Breakdown

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Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,000

Closing costs

1%

$4,000

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$7,280

Total Expenses

$5,885

Mortgage P&I

27%

$1,954

Property Taxes

4%

$297

Home Insurance

2%

$140

HOA

0%

$0

Property Management

15%

$1,092

CapEx

4%

$291

Vacancy

0%

$0

Maintenance

4%

$291

Other

25%

$1,820

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