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9800 Sashabaw Rd, Clarkston, MI 48348

3 beds • 4 baths • 3350 sqft

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This property looks like a bad Airbnb investment with a projected -23.73% first-year return on $176k initial cash invested.

-23.73%

Cash On Cash

0.42%

Cap Rate

0.07

DSCR

$2,229

Rent

-$3,476

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,229 income − $5,705 expenses = $3,476 out of pocket

Income$2,229Out of Pocket$3,476Mortgage P&I$3,653164%Property Taxes$66130%Insurance$31514%HOA$7Management$33415%CapEx$894%Maintenance$894%Other$55725%

Investment Breakdown

|

Purchase Price

$751k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$176k

Downpayment

20%

$150k

Closing costs

1%

$7,512

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,229

Total Expenses

$5,705

Mortgage P&I

164%

$3,653

Property Taxes

30%

$661

Home Insurance

14%

$315

HOA

0%

$7

Property Management

15%

$334

CapEx

4%

$89

Vacancy

0%

$0

Maintenance

4%

$89

Other

25%

$557

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