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9923 Inkster Rd, Livonia, MI 48150

3 beds • 2 baths • 2176 sqft

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This property looks like a bad Airbnb investment with a projected -1.32% first-year return on $64,725 initial cash invested.

-1.32%

Cash On Cash

6.41%

Cap Rate

1.03

DSCR

$2,596

Rent

-$71

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$223k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,725

Downpayment

20%

$44,500

Closing costs

1%

$2,225

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,596

Total Expenses

$2,667

Mortgage P&I

44%

$1,155

Property Taxes

7%

$189

Home Insurance

3%

$77

HOA

0%

$0

Property Management

15%

$389

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$649

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