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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 -5.99% first-year return on $136k initial cash invested.

-5.99%

Cash On Cash

4.86%

Cap Rate

0.83

DSCR

$5,572

Rent

-$680

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,572 income − $6,252 expenses = $680 out of pocket

Income$5,572Out of Pocket$680Mortgage P&I$2,73949%Property Taxes$61211%Insurance$2014%HOA$25Management$83615%CapEx$2234%Maintenance$2234%Other$1,39325%

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

$5,572

Total Expenses

$6,252

Mortgage P&I

49%

$2,739

Property Taxes

11%

$612

Home Insurance

4%

$201

HOA

0%

$25

Property Management

15%

$836

CapEx

4%

$223

Vacancy

0%

$0

Maintenance

4%

$223

Other

25%

$1,393

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