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9292 Liberty Ct, Livonia, MI 48150

3 beds • 3 baths • 1878 sqft

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This property looks like a bad Airbnb investment with a projected -12.38% first-year return on $101k initial cash invested.

-12.38%

Cash On Cash

3.23%

Cap Rate

0.54

DSCR

$3,344

Rent

-$1,038

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,344 income − $4,382 expenses = $1,038 out of pocket

Income$3,344Out of Pocket$1,038Mortgage P&I$1,96459%Property Taxes$58618%Insurance$1866%HOA$401%Management$50215%CapEx$1344%Maintenance$1344%Other$83625%

Investment Breakdown

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Purchase Price

$394k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$78,700

Closing costs

1%

$3,935

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,344

Total Expenses

$4,382

Mortgage P&I

59%

$1,964

Property Taxes

18%

$586

Home Insurance

6%

$186

HOA

1%

$40

Property Management

15%

$502

CapEx

4%

$134

Vacancy

0%

$0

Maintenance

4%

$134

Other

25%

$836

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