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11100 E Forteen Mile Rd, Warren, MI 48093

3 beds • 2 baths • 2359 sqft

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This property could be a profitable Airbnb investment with a projected 13.45% first-year return on $78,585 initial cash invested.

13.45%

Cash On Cash

10.62%

Cap Rate

1.77

DSCR

$5,790

Rent

$881

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$289k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,585

Downpayment

20%

$57,700

Closing costs

1%

$2,885

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$5,790

Total Expenses

$4,909

Mortgage P&I

25%

$1,440

Property Taxes

10%

$586

Home Insurance

2%

$103

HOA

0%

$0

Property Management

15%

$868

CapEx

4%

$232

Vacancy

0%

$0

Maintenance

4%

$232

Other

25%

$1,448

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