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32224 Hees St, Livonia, MI 48150

3 beds • 2 baths • 1826 sqft

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This property looks like a bad Airbnb investment with a projected -22.98% first-year return on $80,580 initial cash invested.

-22.98%

Cash On Cash

0.18%

Cap Rate

0.03

DSCR

$967

Rent

-$1,543

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$967 income − $2,510 expenses = $1,543 out of pocket

Income$967Out of Pocket$1,543Mortgage P&I$1,548160%Property Taxes$38340%Insurance$11412%Management$14515%CapEx$394%Maintenance$394%Other$24225%

Investment Breakdown

|

Purchase Price

$298k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,580

Downpayment

20%

$59,600

Closing costs

1%

$2,980

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$967

Total Expenses

$2,510

Mortgage P&I

160%

$1,548

Property Taxes

40%

$383

Home Insurance

12%

$114

HOA

0%

$0

Property Management

15%

$145

CapEx

4%

$39

Vacancy

0%

$0

Maintenance

4%

$39

Other

25%

$242

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