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9800 Sashabaw Rd, Clarkston, MI 48348

3 beds • 4 baths • 3350 sqft

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This property looks like a bad Airbnb investment with a projected -24.85% first-year return on $176k initial cash invested.

-24.85%

Cash On Cash

0.14%

Cap Rate

0.02

DSCR

$1,917

Rent

-$3,640

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,917 income − $5,557 expenses = $3,640 out of pocket

Income$1,917Out of Pocket$3,640Mortgage P&I$3,653191%Property Taxes$66134%Insurance$31516%HOA$7Management$28815%CapEx$774%Maintenance$774%Other$47925%

Investment Breakdown

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Purchase Price

$751k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$176k

Downpayment

20%

$150k

Closing costs

1%

$7,512

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$1,917

Total Expenses

$5,557

Mortgage P&I

191%

$3,653

Property Taxes

34%

$661

Home Insurance

16%

$315

HOA

0%

$7

Property Management

15%

$288

CapEx

4%

$77

Vacancy

0%

$0

Maintenance

4%

$77

Other

25%

$479

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