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14155 Glenwood Dr, Shelby Township, MI 48315

3 beds • 4 baths • 4893 sqft

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This property looks like a bad Airbnb investment with a projected -19.49% first-year return on $123k initial cash invested.

-19.49%

Cash On Cash

1.19%

Cap Rate

0.21

DSCR

$2,008

Rent

-$2,004

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,008 income − $4,012 expenses = $2,004 out of pocket

Income$2,008Out of Pocket$2,004Mortgage P&I$2,421121%Property Taxes$41821%Insurance$21010%Management$30115%CapEx$804%Maintenance$804%Other$50225%

Investment Breakdown

|

Purchase Price

$502k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$100k

Closing costs

1%

$5,019

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,008

Total Expenses

$4,012

Mortgage P&I

121%

$2,421

Property Taxes

21%

$418

Home Insurance

10%

$210

HOA

0%

$0

Property Management

15%

$301

CapEx

4%

$80

Vacancy

0%

$0

Maintenance

4%

$80

Other

25%

$502

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