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6361 Fenton Rd, Flint, MI 48507

3 beds • 2 baths • 1634 sqft

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This property looks like a bad Airbnb investment with a projected -7.99% first-year return on $69,954 initial cash invested.

-7.99%

Cash On Cash

4.75%

Cap Rate

0.73

DSCR

$2,475

Rent

-$466

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,475 income − $2,941 expenses = $466 out of pocket

Income$2,475Out of Pocket$466Mortgage P&I$1,34754%Property Taxes$31813%Insurance$884%Management$37115%CapEx$994%Maintenance$994%Other$61925%

Investment Breakdown

|

Purchase Price

$247k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,954

Downpayment

20%

$49,480

Closing costs

1%

$2,474

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,475

Total Expenses

$2,941

Mortgage P&I

54%

$1,347

Property Taxes

13%

$318

Home Insurance

4%

$88

HOA

0%

$0

Property Management

15%

$371

CapEx

4%

$99

Vacancy

0%

$0

Maintenance

4%

$99

Other

25%

$619

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