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1808 Moors Ct, Bloomfield Hills, MI 48302

3 beds • 4 baths • 6259 sqft

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This property looks like a bad Airbnb investment with a projected -24.02% first-year return on $197k initial cash invested.

-24.02%

Cash On Cash

0.61%

Cap Rate

0.1

DSCR

$2,810

Rent

-$3,933

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,810 income − $6,743 expenses = $3,933 out of pocket

Income$2,810Out of Pocket$3,933Mortgage P&I$4,250151%Property Taxes$83130%Insurance$29811%HOA$161%Management$42215%CapEx$1124%Maintenance$1124%Other$70225%

Investment Breakdown

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Purchase Price

$850k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$197k

Downpayment

20%

$170k

Closing costs

1%

$8,500

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,810

Total Expenses

$6,743

Mortgage P&I

151%

$4,250

Property Taxes

30%

$831

Home Insurance

11%

$298

HOA

1%

$16

Property Management

15%

$422

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$702

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