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3374 Winter St, Saginaw, MI 48604

3 beds • 2 baths • 1922 sqft

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This property looks like a bad Airbnb investment with a projected -2.33% first-year return on $47,358 initial cash invested.

-2.33%

Cash On Cash

6.21%

Cap Rate

0.96

DSCR

$1,630

Rent

-$92

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,630 income − $1,722 expenses = $92 out of pocket

Income$1,630Out of Pocket$92Mortgage P&I$75046%Property Taxes$1298%Insurance$614%Management$24415%CapEx$654%Maintenance$654%Other$40825%

Investment Breakdown

|

Purchase Price

$140k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,358

Downpayment

20%

$27,960

Closing costs

1%

$1,398

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$1,630

Total Expenses

$1,722

Mortgage P&I

46%

$750

Property Taxes

8%

$129

Home Insurance

4%

$61

HOA

0%

$0

Property Management

15%

$244

CapEx

4%

$65

Vacancy

0%

$0

Maintenance

4%

$65

Other

25%

$408

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