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$4,161 (target)

10466 Pine Valley Dr, Grand Blanc, MI 48439

3 beds • 3 baths • 2775 sqft

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This property might be a fair Mid-Term investment with a projected 3.06% first-year return on $96,120 initial cash invested.

3.06%

Cash On Cash

7.35%

Cap Rate

1.22

DSCR

$4,161

Rent

$245

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,161 income − $3,916 expenses = $245 cash flow

Income$4,161Mortgage P&I$1,86945%Property Taxes$47311%Insurance$1393%HOA$211%Management$49912%CapEx$1664%Vacancy$1253%Maintenance$1664%Other$45811%Cash Flow$245

Investment Breakdown

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Purchase Price

$372k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,120

Downpayment

20%

$74,400

Closing costs

1%

$3,720

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,161

Total Expenses

$3,916

Mortgage P&I

45%

$1,869

Property Taxes

11%

$473

Home Insurance

3%

$139

HOA

1%

$21

Property Management

12%

$499

CapEx

4%

$166

Vacancy

3%

$125

Maintenance

4%

$166

Other

11%

$458

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