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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 -8.12% first-year return on $99,060 initial cash invested.

-8.12%

Cash On Cash

4.21%

Cap Rate

0.71

DSCR

$2,970

Rent

-$670

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,970 income − $3,640 expenses = $670 out of pocket

Income$2,970Out of Pocket$670Mortgage P&I$1,90564%Property Taxes$1746%Insurance$1355%Management$44615%CapEx$1194%Maintenance$1194%Other$74225%

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

$2,970

Total Expenses

$3,640

Mortgage P&I

64%

$1,905

Property Taxes

6%

$174

Home Insurance

5%

$135

HOA

0%

$0

Property Management

15%

$446

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$742

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