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4211 Maplewood Meadows Ave, Grand Blanc, MI 48439

3 beds • 2 baths • 1615 sqft

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This property looks like a bad Airbnb investment with a projected -12.19% first-year return on $86,607 initial cash invested.

-12.19%

Cash On Cash

3.22%

Cap Rate

0.53

DSCR

$2,479

Rent

-$880

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,479 income − $3,359 expenses = $880 out of pocket

Income$2,479Out of Pocket$880Mortgage P&I$1,65967%Property Taxes$39416%Insurance$1165%Management$37215%CapEx$994%Maintenance$994%Other$62025%

Investment Breakdown

|

Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.5%

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

$2,479

Total Expenses

$3,359

Mortgage P&I

67%

$1,659

Property Taxes

16%

$394

Home Insurance

5%

$116

HOA

0%

$0

Property Management

15%

$372

CapEx

4%

$99

Vacancy

0%

$0

Maintenance

4%

$99

Other

25%

$620

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