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$4,401 (target)

11061 Beryl Dr, White Lake, MI 48386

3 beds • 2 baths • 1856 sqft

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This property might be a fair Mid-Term investment with a projected 2.27% first-year return on $105k initial cash invested.

2.27%

Cash On Cash

7.14%

Cap Rate

1.18

DSCR

$4,401

Rent

$199

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,401 income − $4,202 expenses = $199 cash flow

Income$4,401Mortgage P&I$2,09047%Property Taxes$43810%Insurance$1784%Management$52812%CapEx$1764%Vacancy$1323%Maintenance$1764%Other$48411%Cash Flow$199

Investment Breakdown

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Purchase Price

$414k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$82,840

Closing costs

1%

$4,142

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,401

Total Expenses

$4,202

Mortgage P&I

47%

$2,090

Property Taxes

10%

$438

Home Insurance

4%

$178

HOA

0%

$0

Property Management

12%

$528

CapEx

4%

$176

Vacancy

3%

$132

Maintenance

4%

$176

Other

11%

$484

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