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$3,902 (target)

1021 Willow Ln, Howell, MI 48843

3 beds • 3 baths • 4912 sqft

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This property looks like a bad Mid-Term investment with a projected -4.7% first-year return on $118k initial cash invested.

-4.7%

Cash On Cash

5.84%

Cap Rate

0.88

DSCR

$3,902

Rent

-$464

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,902 income − $4,366 expenses = $464 out of pocket

Income$3,902Out of Pocket$464Mortgage P&I$2,63768%Property Taxes$2687%Insurance$1353%Management$46812%CapEx$1564%Vacancy$1173%Maintenance$1564%Other$42911%

Investment Breakdown

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Purchase Price

$479k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$95,700

Closing costs

1%

$4,785

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,902

Total Expenses

$4,366

Mortgage P&I

68%

$2,637

Property Taxes

7%

$268

Home Insurance

3%

$135

HOA

0%

$0

Property Management

12%

$468

CapEx

4%

$156

Vacancy

3%

$117

Maintenance

4%

$156

Other

11%

$429

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