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$5,127 (target)

10579 Camrose Cir #12, Traverse City, MI 49684

3 beds • 4 baths • 2520 sqft

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This property looks like a bad Mid-Term investment with a projected -7.22% first-year return on $158k initial cash invested.

-7.22%

Cash On Cash

4.71%

Cap Rate

0.78

DSCR

$5,127

Rent

-$953

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,127 income − $6,080 expenses = $953 out of pocket

Income$5,127Out of Pocket$953Mortgage P&I$3,37566%Property Taxes$3908%Insurance$2345%HOA$3387%Management$61512%CapEx$2054%Vacancy$1543%Maintenance$2054%Other$56411%

Investment Breakdown

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Purchase Price

$669k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$158k

Downpayment

20%

$134k

Closing costs

1%

$6,690

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,127

Total Expenses

$6,080

Mortgage P&I

66%

$3,375

Property Taxes

8%

$390

Home Insurance

5%

$234

HOA

7%

$338

Property Management

12%

$615

CapEx

4%

$205

Vacancy

3%

$154

Maintenance

4%

$205

Other

11%

$564

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