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1516 Jewett St SW, Ann Arbor, MI 48104

4 beds • 4 baths • 3776 sqft

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This property looks like a bad Airbnb investment with a projected -13.08% first-year return on $166k initial cash invested.

-13.08%

Cash On Cash

3.12%

Cap Rate

0.52

DSCR

$5,079

Rent

-$1,806

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$675k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$166k

Downpayment

20%

$135k

Closing costs

1%

$6,750

Rehab

0%

$0

Furnishing

4%

$24,000

Cashflow

Total Income

$5,079

Total Expenses

$6,885

Mortgage P&I

66%

$3,359

Property Taxes

17%

$852

Home Insurance

5%

$236

HOA

0%

$0

Property Management

15%

$762

CapEx

4%

$203

Vacancy

0%

$0

Maintenance

4%

$203

Other

25%

$1,270

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