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$3,132 (target)

1065 Valetta Dr, Temperance, MI 48182

3 beds • 3 baths • 1643 sqft

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This property might be a fair Mid-Term investment with a projected 3.43% first-year return on $82,890 initial cash invested.

3.43%

Cash On Cash

7.39%

Cap Rate

1.23

DSCR

$3,132

Rent

$237

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,132 income − $2,895 expenses = $237 cash flow

Income$3,132Mortgage P&I$1,54249%Property Taxes$1806%Insurance$1083%Management$37612%CapEx$1254%Vacancy$943%Maintenance$1254%Other$34511%Cash Flow$237

Investment Breakdown

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Purchase Price

$309k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,890

Downpayment

20%

$61,800

Closing costs

1%

$3,090

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,132

Total Expenses

$2,895

Mortgage P&I

49%

$1,542

Property Taxes

6%

$180

Home Insurance

3%

$108

HOA

0%

$0

Property Management

12%

$376

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$345

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