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9155 Grayton St, Detroit, MI 48224

3 beds • 2 baths • 1554 sqft

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This property looks like a bad Airbnb investment with a projected -1.32% first-year return on $52,629 initial cash invested.

-1.32%

Cash On Cash

6.61%

Cap Rate

1.04

DSCR

$2,379

Rent

-$58

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$165k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,629

Downpayment

20%

$32,980

Closing costs

1%

$1,649

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,379

Total Expenses

$2,437

Mortgage P&I

37%

$872

Property Taxes

15%

$365

Home Insurance

2%

$58

HOA

0%

$0

Property Management

15%

$357

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$595

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