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8915 Oakview St, Plymouth, MI 48170

3 beds • 2 baths • 1302 sqft

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This property could be a profitable Airbnb investment with a projected 15.59% first-year return on $102k initial cash invested.

15.59%

Cash On Cash

10.7%

Cap Rate

1.82

DSCR

$7,147

Rent

$1,325

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,147 income − $5,822 expenses = $1,325 cash flow

Income$7,147Mortgage P&I$1,95427%Property Taxes$2974%Insurance$1402%Management$1,07215%CapEx$2864%Maintenance$2864%Other$1,78725%Cash Flow$1,325

Investment Breakdown

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Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,000

Closing costs

1%

$4,000

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$7,147

Total Expenses

$5,822

Mortgage P&I

27%

$1,954

Property Taxes

4%

$297

Home Insurance

2%

$140

HOA

0%

$0

Property Management

15%

$1,072

CapEx

4%

$286

Vacancy

0%

$0

Maintenance

4%

$286

Other

25%

$1,787

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