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19682 Jeanette St, Southfield, MI 48075

3 beds • 2 baths • 1564 sqft

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This property looks like a bad Airbnb investment with a projected -9.04% first-year return on $68,379 initial cash invested.

-9.04%

Cash On Cash

4.13%

Cap Rate

0.65

DSCR

$1,980

Rent

-$515

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$240k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,379

Downpayment

20%

$47,980

Closing costs

1%

$2,399

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,980

Total Expenses

$2,495

Mortgage P&I

64%

$1,262

Property Taxes

10%

$199

Home Insurance

4%

$84

HOA

0%

$0

Property Management

15%

$297

CapEx

4%

$79

Vacancy

0%

$0

Maintenance

4%

$79

Other

25%

$495

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