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12012 Burtley Dr, Sterling Heights, MI 48313

3 beds • 2 baths • 1286 sqft

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This property looks like a bad Airbnb investment with a projected -3.55% first-year return on $75,960 initial cash invested.

-3.55%

Cash On Cash

5.63%

Cap Rate

0.94

DSCR

$3,527

Rent

-$225

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$276k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,960

Downpayment

20%

$55,200

Closing costs

1%

$2,760

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,527

Total Expenses

$3,752

Mortgage P&I

39%

$1,380

Property Taxes

16%

$581

Home Insurance

3%

$98

HOA

0%

$0

Property Management

15%

$529

CapEx

4%

$141

Vacancy

0%

$0

Maintenance

4%

$141

Other

25%

$882

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