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$3,660 (target)

1060 Legion Park Dr, Holland, MI 49423

3 beds • 2 baths • 1850 sqft

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This property might be a fair Mid-Term investment with a projected 0.41% first-year return on $96,750 initial cash invested.

0.41%

Cash On Cash

6.96%

Cap Rate

1.09

DSCR

$3,660

Rent

$33

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,660 income − $3,627 expenses = $33 cash flow

Income$3,660Mortgage P&I$1,99655%Property Taxes$2567%Insurance$1314%Management$43912%CapEx$1464%Vacancy$1103%Maintenance$1464%Other$40311%Cash Flow$33

Investment Breakdown

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Purchase Price

$375k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,750

Downpayment

20%

$75,000

Closing costs

1%

$3,750

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,660

Total Expenses

$3,627

Mortgage P&I

55%

$1,996

Property Taxes

7%

$256

Home Insurance

4%

$131

HOA

0%

$0

Property Management

12%

$439

CapEx

4%

$146

Vacancy

3%

$110

Maintenance

4%

$146

Other

11%

$403

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