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36417 Weber Dr, Sterling Heights, MI 48310

3 beds • 2 baths • 2974 sqft

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This property looks like a bad Airbnb investment with a projected -3.39% first-year return on $86,607 initial cash invested.

-3.39%

Cash On Cash

5.67%

Cap Rate

0.94

DSCR

$3,872

Rent

-$245

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,607

Downpayment

20%

$65,340

Closing costs

1%

$3,267

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,872

Total Expenses

$4,117

Mortgage P&I

42%

$1,633

Property Taxes

13%

$509

Home Insurance

3%

$116

HOA

0%

$0

Property Management

15%

$581

CapEx

4%

$155

Vacancy

0%

$0

Maintenance

4%

$155

Other

25%

$968

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Comparable Property

Rent

ADR

Beds

Baths

Distance

1 story ranch home in Sterling Heights, MI

$2,414

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3

2

1.68 mi

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3

1.5

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$3,442

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3

1.5

1.83 mi

Bright 3BR Getaway | Sleeps 6 in Sterling Heights

$3,526

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3

1.5

1.85 mi

104 W Rancho Del Cerro

$2,500

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4

2

1.3 mi

1255 S Forest Knoll St

$1,100

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2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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