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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 -21.56% first-year return on $176k initial cash invested.

-21.56%

Cash On Cash

0.97%

Cap Rate

0.17

DSCR

$2,846

Rent

-$3,157

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,846 income − $6,003 expenses = $3,157 out of pocket

Income$2,846Out of Pocket$3,157Mortgage P&I$3,653128%Property Taxes$66123%Insurance$31511%HOA$7Management$42715%CapEx$1144%Maintenance$1144%Other$71225%

Investment Breakdown

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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

$2,846

Total Expenses

$6,003

Mortgage P&I

128%

$3,653

Property Taxes

23%

$661

Home Insurance

11%

$315

HOA

0%

$7

Property Management

15%

$427

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$712

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