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771 Edgewood Dr, Rochester, MI 48306

3 beds • 2 baths • 1923 sqft

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This property looks like a bad Airbnb investment with a projected -6.27% first-year return on $94,209 initial cash invested.

-6.27%

Cash On Cash

4.65%

Cap Rate

0.79

DSCR

$3,095

Rent

-$492

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$363k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,209

Downpayment

20%

$72,580

Closing costs

1%

$3,629

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,095

Total Expenses

$3,587

Mortgage P&I

57%

$1,773

Property Taxes

6%

$188

Home Insurance

5%

$140

HOA

0%

$0

Property Management

15%

$464

CapEx

4%

$124

Vacancy

0%

$0

Maintenance

4%

$124

Other

25%

$774

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