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2714 Silverstone Ln, Waterford, MI 48329

3 beds • 2 baths • 1664 sqft

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This property looks like a bad Airbnb investment with a projected -10.62% first-year return on $84,150 initial cash invested.

-10.62%

Cash On Cash

3.49%

Cap Rate

0.58

DSCR

$2,238

Rent

-$745

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,238 income − $2,983 expenses = $745 out of pocket

Income$2,238Out of Pocket$745Mortgage P&I$1,57170%Property Taxes$22010%Insurance$1105%HOA$6Management$33615%CapEx$904%Maintenance$904%Other$56025%

Investment Breakdown

|

Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,150

Downpayment

20%

$63,000

Closing costs

1%

$3,150

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,238

Total Expenses

$2,983

Mortgage P&I

70%

$1,571

Property Taxes

10%

$220

Home Insurance

5%

$110

HOA

0%

$6

Property Management

15%

$336

CapEx

4%

$90

Vacancy

0%

$0

Maintenance

4%

$90

Other

25%

$560

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