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3887 Stonecrest Rd, West Bloomfield, MI 48322

3 beds • 2 baths • 1749 sqft

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This property looks like a bad Airbnb investment with a projected -25.59% first-year return on $114k initial cash invested.

-25.59%

Cash On Cash

-0.31%

Cap Rate

-0.05

DSCR

$834

Rent

-$2,426

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$834 income − $3,260 expenses = $2,426 out of pocket

Income$834Out of Pocket$2,426Mortgage P&I$2,276273%Property Taxes$42050%Insurance$16019%HOA$51%Management$12515%CapEx$334%Maintenance$334%Other$20825%

Investment Breakdown

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Purchase Price

$456k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$91,200

Closing costs

1%

$4,560

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$834

Total Expenses

$3,260

Mortgage P&I

273%

$2,276

Property Taxes

50%

$420

Home Insurance

19%

$160

HOA

1%

$5

Property Management

15%

$125

CapEx

4%

$33

Vacancy

0%

$0

Maintenance

4%

$33

Other

25%

$208

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