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9366 Warwick St, Detroit, MI 48228

3 beds • 2 baths • 1815 sqft

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This property looks like a bad Airbnb investment with a projected -0.23% first-year return on $47,400 initial cash invested.

-0.23%

Cash On Cash

6.99%

Cap Rate

1.08

DSCR

$1,758

Rent

-$9

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,758 income − $1,767 expenses = $9 out of pocket

Income$1,758Out of Pocket$9Mortgage P&I$75443%Property Taxes$1207%Insurance$493%Management$26415%CapEx$704%Maintenance$704%Other$44025%

Investment Breakdown

|

Purchase Price

$140k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,400

Downpayment

20%

$28,000

Closing costs

1%

$1,400

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$1,758

Total Expenses

$1,767

Mortgage P&I

43%

$754

Property Taxes

7%

$120

Home Insurance

3%

$49

HOA

0%

$0

Property Management

15%

$264

CapEx

4%

$70

Vacancy

0%

$0

Maintenance

4%

$70

Other

25%

$440

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