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9650 Woodland Ct, Ypsilanti, MI 48197

3 beds • 2 baths • 1560 sqft

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This property looks like a bad Airbnb investment with a projected -18.95% first-year return on $79,845 initial cash invested.

-18.95%

Cash On Cash

1.03%

Cap Rate

0.17

DSCR

$1,128

Rent

-$1,261

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,128 income − $2,389 expenses = $1,261 out of pocket

Income$1,128Out of Pocket$1,261Mortgage P&I$1,470130%Property Taxes$26423%Insurance$11410%Management$16915%CapEx$454%Maintenance$454%Other$28225%

Investment Breakdown

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Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,845

Downpayment

20%

$58,900

Closing costs

1%

$2,945

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,128

Total Expenses

$2,389

Mortgage P&I

130%

$1,470

Property Taxes

23%

$264

Home Insurance

10%

$114

HOA

0%

$0

Property Management

15%

$169

CapEx

4%

$45

Vacancy

0%

$0

Maintenance

4%

$45

Other

25%

$282

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