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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 -12.85% first-year return on $97,947 initial cash invested.

-12.85%

Cash On Cash

3.27%

Cap Rate

0.52

DSCR

$2,450

Rent

-$1,049

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,450 income − $3,499 expenses = $1,049 out of pocket

Income$2,450Out of Pocket$1,049Mortgage P&I$1,98781%Property Taxes$2149%Insurance$1225%Management$36815%CapEx$984%Maintenance$984%Other$61225%

Investment Breakdown

|

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

$2,450

Total Expenses

$3,499

Mortgage P&I

81%

$1,987

Property Taxes

9%

$214

Home Insurance

5%

$122

HOA

0%

$0

Property Management

15%

$368

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$612

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