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26230 Bonnie Ave, Warren, MI 48089

3 beds • 2 baths • 2000 sqft

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This property looks like a bad Airbnb investment with a projected -2.14% first-year return on $71,340 initial cash invested.

-2.14%

Cash On Cash

5.94%

Cap Rate

0.99

DSCR

$2,862

Rent

-$127

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$254k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,340

Downpayment

20%

$50,800

Closing costs

1%

$2,540

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,862

Total Expenses

$2,989

Mortgage P&I

44%

$1,270

Property Taxes

9%

$257

Home Insurance

3%

$89

HOA

0%

$0

Property Management

15%

$429

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$716

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