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6817 Rothbury St, Portage, MI 49024

3 beds • 2 baths • 2172 sqft

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This property looks like a bad Airbnb investment with a projected -12.51% first-year return on $77,136 initial cash invested.

-12.51%

Cash On Cash

2.84%

Cap Rate

0.48

DSCR

$2,333

Rent

-$804

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,333 income − $3,137 expenses = $804 out of pocket

Income$2,333Out of Pocket$804Mortgage P&I$1,37859%Property Taxes$53923%Insurance$1014%Management$35015%CapEx$934%Maintenance$934%Other$58325%

Investment Breakdown

|

Purchase Price

$282k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,136

Downpayment

20%

$56,320

Closing costs

1%

$2,816

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,333

Total Expenses

$3,137

Mortgage P&I

59%

$1,378

Property Taxes

23%

$539

Home Insurance

4%

$101

HOA

0%

$0

Property Management

15%

$350

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$583

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