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4844 Whitlow Blvd, Commerce Township, MI 48382

3 beds • 2 baths • 1400 sqft

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This property might be a fair Airbnb investment with a projected 2.19% first-year return on $89,379 initial cash invested.

2.19%

Cash On Cash

7.16%

Cap Rate

1.2

DSCR

$4,222

Rent

$163

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,222 income − $4,059 expenses = $163 cash flow

Income$4,222Mortgage P&I$1,69540%Property Taxes$2095%Insurance$1193%HOA$9Management$63315%CapEx$1694%Maintenance$1694%Other$1,05625%Cash Flow$163

Investment Breakdown

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Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,379

Downpayment

20%

$67,980

Closing costs

1%

$3,399

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,222

Total Expenses

$4,059

Mortgage P&I

40%

$1,695

Property Taxes

5%

$209

Home Insurance

3%

$119

HOA

0%

$9

Property Management

15%

$633

CapEx

4%

$169

Vacancy

0%

$0

Maintenance

4%

$169

Other

25%

$1,056

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