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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 -2.51% first-year return on $52,629 initial cash invested.

-2.51%

Cash On Cash

6.21%

Cap Rate

0.98

DSCR

$2,279

Rent

-$110

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

$2,279

Total Expenses

$2,389

Mortgage P&I

38%

$872

Property Taxes

16%

$365

Home Insurance

3%

$58

HOA

0%

$0

Property Management

15%

$342

CapEx

4%

$91

Vacancy

0%

$0

Maintenance

4%

$91

Other

25%

$570

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