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915 Main St, Fenton, MI 48430

3 beds • 3 baths • 1757 sqft

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This property looks like a bad Airbnb investment with a projected -21.25% first-year return on $97,569 initial cash invested.

-21.25%

Cash On Cash

0.88%

Cap Rate

0.14

DSCR

$1,600

Rent

-$1,728

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,600 income − $3,328 expenses = $1,728 out of pocket

Income$1,600Out of Pocket$1,728Mortgage P&I$1,941121%Property Taxes$48430%Insurance$1358%Management$24015%CapEx$644%Maintenance$644%Other$40025%

Investment Breakdown

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Purchase Price

$379k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,569

Downpayment

20%

$75,780

Closing costs

1%

$3,789

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,600

Total Expenses

$3,328

Mortgage P&I

121%

$1,941

Property Taxes

30%

$484

Home Insurance

8%

$135

HOA

0%

$0

Property Management

15%

$240

CapEx

4%

$64

Vacancy

0%

$0

Maintenance

4%

$64

Other

25%

$400

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