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$3,046 (target)

111 Pinecrest Dr, Gaylord, MI 49735

3 beds • 2 baths • 2808 sqft

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This property might be a fair Mid-Term investment with a projected 1.85% first-year return on $87,090 initial cash invested.

1.85%

Cash On Cash

6.87%

Cap Rate

1.16

DSCR

$3,046

Rent

$134

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,046 income − $2,912 expenses = $134 cash flow

Income$3,046Mortgage P&I$1,62753%Property Taxes$1344%Insurance$1154%Management$36612%CapEx$1224%Vacancy$913%Maintenance$1224%Other$33511%Cash Flow$134

Investment Breakdown

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Purchase Price

$329k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,090

Downpayment

20%

$65,800

Closing costs

1%

$3,290

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,046

Total Expenses

$2,912

Mortgage P&I

53%

$1,627

Property Taxes

4%

$134

Home Insurance

4%

$115

HOA

0%

$0

Property Management

12%

$366

CapEx

4%

$122

Vacancy

3%

$91

Maintenance

4%

$122

Other

11%

$335

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