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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 -4.9% first-year return on $80,979 initial cash invested.

-4.9%

Cash On Cash

5.11%

Cap Rate

0.85

DSCR

$2,806

Rent

-$331

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,806 income − $3,137 expenses = $331 out of pocket

Income$2,806Out of Pocket$331Mortgage P&I$1,49753%Property Taxes$1887%Insurance$1054%Management$42115%CapEx$1124%Maintenance$1124%Other$70225%

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

$2,806

Total Expenses

$3,137

Mortgage P&I

53%

$1,497

Property Taxes

7%

$188

Home Insurance

4%

$105

HOA

0%

$0

Property Management

15%

$421

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$702

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