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14950 Nobil Ave, Monroe, MI 48161

3 beds • 2 baths • 1592 sqft

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This property looks like a bad Airbnb investment with a projected -5.26% first-year return on $80,979 initial cash invested.

-5.26%

Cash On Cash

5.01%

Cap Rate

0.84

DSCR

$2,759

Rent

-$355

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,759 income − $3,114 expenses = $355 out of pocket

Income$2,759Out of Pocket$355Mortgage P&I$1,49754%Property Taxes$1887%Insurance$1054%Management$41415%CapEx$1104%Maintenance$1104%Other$69025%

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,979

Downpayment

20%

$59,980

Closing costs

1%

$2,999

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,759

Total Expenses

$3,114

Mortgage P&I

54%

$1,497

Property Taxes

7%

$188

Home Insurance

4%

$105

HOA

0%

$0

Property Management

15%

$414

CapEx

4%

$110

Vacancy

0%

$0

Maintenance

4%

$110

Other

25%

$690

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