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9144 Deer Park Ct, Fenton, MI 48430

3 beds • 3 baths • 2404 sqft

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This property looks like a bad Airbnb investment with a projected -10.35% first-year return on $99,060 initial cash invested.

-10.35%

Cash On Cash

3.59%

Cap Rate

0.61

DSCR

$2,616

Rent

-$854

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,616 income − $3,470 expenses = $854 out of pocket

Income$2,616Out of Pocket$854Mortgage P&I$1,90573%Property Taxes$1747%Insurance$1355%Management$39215%CapEx$1054%Maintenance$1054%Other$65425%

Investment Breakdown

|

Purchase Price

$386k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,060

Downpayment

20%

$77,200

Closing costs

1%

$3,860

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,616

Total Expenses

$3,470

Mortgage P&I

73%

$1,905

Property Taxes

7%

$174

Home Insurance

5%

$135

HOA

0%

$0

Property Management

15%

$392

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$654

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