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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 -20.71% first-year return on $97,569 initial cash invested.

-20.71%

Cash On Cash

1.03%

Cap Rate

0.17

DSCR

$1,684

Rent

-$1,684

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,684 income − $3,368 expenses = $1,684 out of pocket

Income$1,684Out of Pocket$1,684Mortgage P&I$1,941115%Property Taxes$48429%Insurance$1358%Management$25315%CapEx$674%Maintenance$674%Other$42125%

Investment Breakdown

|

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

$1,684

Total Expenses

$3,368

Mortgage P&I

115%

$1,941

Property Taxes

29%

$484

Home Insurance

8%

$135

HOA

0%

$0

Property Management

15%

$253

CapEx

4%

$67

Vacancy

0%

$0

Maintenance

4%

$67

Other

25%

$421

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