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27721 Grant St, Saint Clair Shores, MI 48081

3 beds • 2 baths • 1458 sqft

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This property looks like a bad Airbnb investment with a projected -11.82% first-year return on $70,479 initial cash invested.

-11.82%

Cash On Cash

3.38%

Cap Rate

0.54

DSCR

$2,087

Rent

-$694

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,479

Downpayment

20%

$49,980

Closing costs

1%

$2,499

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,087

Total Expenses

$2,781

Mortgage P&I

63%

$1,315

Property Taxes

18%

$377

Home Insurance

4%

$88

HOA

0%

$0

Property Management

15%

$313

CapEx

4%

$83

Vacancy

0%

$0

Maintenance

4%

$83

Other

25%

$522

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