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9059 Sandy Ridge Dr, White Lake, MI 48386

3 beds • 3 baths • 2590 sqft

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This property looks like a bad Airbnb investment with a projected -3.97% first-year return on $136k initial cash invested.

-3.97%

Cash On Cash

5.39%

Cap Rate

0.92

DSCR

$6,009

Rent

-$451

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$563k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$136k

Downpayment

20%

$113k

Closing costs

1%

$5,631

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,009

Total Expenses

$6,460

Mortgage P&I

46%

$2,739

Property Taxes

10%

$612

Home Insurance

3%

$201

HOA

0%

$25

Property Management

15%

$901

CapEx

4%

$240

Vacancy

0%

$0

Maintenance

4%

$240

Other

25%

$1,502

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