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3174 McGregor St, Grand Blanc, MI 48439

3 beds • 2 baths • 2872 sqft

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This property looks like a bad Airbnb investment with a projected -0.21% first-year return on $68,610 initial cash invested.

-0.21%

Cash On Cash

7.04%

Cap Rate

1.09

DSCR

$3,141

Rent

-$12

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,141 income − $3,153 expenses = $12 out of pocket

Income$3,141Out of Pocket$12Mortgage P&I$1,29941%Property Taxes$2588%Insurance$883%Management$47115%CapEx$1264%Maintenance$1264%Other$78525%

Investment Breakdown

|

Purchase Price

$241k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,610

Downpayment

20%

$48,200

Closing costs

1%

$2,410

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,141

Total Expenses

$3,153

Mortgage P&I

41%

$1,299

Property Taxes

8%

$258

Home Insurance

3%

$88

HOA

0%

$0

Property Management

15%

$471

CapEx

4%

$126

Vacancy

0%

$0

Maintenance

4%

$126

Other

25%

$785

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