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9556 Horseshoe Bnd, Dexter, MI 48130

3 beds • 2 baths • 1704 sqft

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This property looks like a bad Airbnb investment with a projected -5.74% first-year return on $113k initial cash invested.

-5.74%

Cash On Cash

4.87%

Cap Rate

0.83

DSCR

$4,162

Rent

-$538

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,000

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,162

Total Expenses

$4,700

Mortgage P&I

53%

$2,199

Property Taxes

8%

$347

Home Insurance

4%

$158

HOA

0%

$0

Property Management

15%

$624

CapEx

4%

$166

Vacancy

0%

$0

Maintenance

4%

$166

Other

25%

$1,040

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