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8180 Whitmore Lake Rd, Brighton, MI 48116

3 beds • 3 baths • 2166 sqft

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This property looks like a bad Airbnb investment with a projected -13.23% first-year return on $97,947 initial cash invested.

-13.23%

Cash On Cash

3.16%

Cap Rate

0.5

DSCR

$2,392

Rent

-$1,080

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,392 income − $3,472 expenses = $1,080 out of pocket

Income$2,392Out of Pocket$1,080Mortgage P&I$1,98783%Property Taxes$2149%Insurance$1225%Management$35915%CapEx$964%Maintenance$964%Other$59825%

Investment Breakdown

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Purchase Price

$381k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,947

Downpayment

20%

$76,140

Closing costs

1%

$3,807

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,392

Total Expenses

$3,472

Mortgage P&I

83%

$1,987

Property Taxes

9%

$214

Home Insurance

5%

$122

HOA

0%

$0

Property Management

15%

$359

CapEx

4%

$96

Vacancy

0%

$0

Maintenance

4%

$96

Other

25%

$598

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