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571 Cristy Ave, Waterford, MI 48328

3 beds • 2 baths • 1679 sqft

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This property looks like a bad Airbnb investment with a projected -13.21% first-year return on $60,945 initial cash invested.

-13.21%

Cash On Cash

3.14%

Cap Rate

0.48

DSCR

$2,336

Rent

-$671

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,336 income − $3,007 expenses = $671 out of pocket

Income$2,336Out of Pocket$671Mortgage P&I$1,11348%Property Taxes$70230%Insurance$723%Management$35015%CapEx$934%Maintenance$934%Other$58425%

Investment Breakdown

|

Purchase Price

$205k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,945

Downpayment

20%

$40,900

Closing costs

1%

$2,045

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,336

Total Expenses

$3,007

Mortgage P&I

48%

$1,113

Property Taxes

30%

$702

Home Insurance

3%

$72

HOA

0%

$0

Property Management

15%

$350

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$584

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