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1179 Timberleaf Dr, Brighton, MI 48114

3 beds • 3 baths • 2148 sqft

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This property looks like a bad Airbnb investment with a projected -17.52% first-year return on $154k initial cash invested.

-17.52%

Cash On Cash

2.17%

Cap Rate

0.36

DSCR

$3,765

Rent

-$2,243

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,765 income − $6,008 expenses = $2,243 out of pocket

Income$3,765Out of Pocket$2,243Mortgage P&I$3,25987%Property Taxes$69018%Insurance$2266%HOA$251%Management$56515%CapEx$1514%Maintenance$1514%Other$94125%

Investment Breakdown

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Purchase Price

$646k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$154k

Downpayment

20%

$129k

Closing costs

1%

$6,459

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,765

Total Expenses

$6,008

Mortgage P&I

87%

$3,259

Property Taxes

18%

$690

Home Insurance

6%

$226

HOA

1%

$25

Property Management

15%

$565

CapEx

4%

$151

Vacancy

0%

$0

Maintenance

4%

$151

Other

25%

$941

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