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3186 E Grand Blanc Rd, Grand Blanc, MI 48439

3 beds • 3 baths • 1314 sqft

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This property looks like a bad Airbnb investment with a projected -1.21% first-year return on $70,479 initial cash invested.

-1.21%

Cash On Cash

6.79%

Cap Rate

1.04

DSCR

$3,130

Rent

-$71

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,130 income − $3,201 expenses = $71 out of pocket

Income$3,130Out of Pocket$71Mortgage P&I$1,35943%Property Taxes$2528%Insurance$883%Management$47015%CapEx$1254%Maintenance$1254%Other$78225%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

7.2%

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

$3,130

Total Expenses

$3,201

Mortgage P&I

43%

$1,359

Property Taxes

8%

$252

Home Insurance

3%

$88

HOA

0%

$0

Property Management

15%

$470

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$782

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