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53908 Lawson Creek Dr, Shelby Township, MI 48316

3 beds • 3 baths • 2355 sqft

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This property looks like a bad Airbnb investment with a projected -27.64% first-year return on $167k initial cash invested.

-27.64%

Cash On Cash

-0.31%

Cap Rate

-0.05

DSCR

$1,608

Rent

-$3,849

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,608 income − $5,457 expenses = $3,849 out of pocket

Income$1,608Out of Pocket$3,849Mortgage P&I$3,601224%Property Taxes$79750%Insurance$24815%HOA$402%Management$24115%CapEx$644%Maintenance$644%Other$40225%

Investment Breakdown

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Purchase Price

$710k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$167k

Downpayment

20%

$142k

Closing costs

1%

$7,099

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$1,608

Total Expenses

$5,457

Mortgage P&I

224%

$3,601

Property Taxes

50%

$797

Home Insurance

15%

$248

HOA

2%

$40

Property Management

15%

$241

CapEx

4%

$64

Vacancy

0%

$0

Maintenance

4%

$64

Other

25%

$402

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