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2007 Kaylyn Dr, Cadillac, MI 49601

3 beds • 2 baths • 2382 sqft

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This property looks like a bad Airbnb investment with a projected -4.17% first-year return on $87,741 initial cash invested.

-4.17%

Cash On Cash

5.49%

Cap Rate

0.9

DSCR

$3,451

Rent

-$305

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,451 income − $3,756 expenses = $305 out of pocket

Income$3,451Out of Pocket$305Mortgage P&I$1,68649%Property Taxes$2949%Insurance$1193%Management$51815%CapEx$1384%Maintenance$1384%Other$86325%

Investment Breakdown

|

Purchase Price

$332k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,741

Downpayment

20%

$66,420

Closing costs

1%

$3,321

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,451

Total Expenses

$3,756

Mortgage P&I

49%

$1,686

Property Taxes

9%

$294

Home Insurance

3%

$119

HOA

0%

$0

Property Management

15%

$518

CapEx

4%

$138

Vacancy

0%

$0

Maintenance

4%

$138

Other

25%

$863

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