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$2,865 (target)

1195 Oak St, Ypsilanti, MI 48198

3 beds • 2 baths • 1372 sqft

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This property might be a fair Mid-Term investment with a projected 5.5% first-year return on $67,581 initial cash invested.

5.5%

Cash On Cash

8.69%

Cap Rate

1.33

DSCR

$2,865

Rent

$310

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,865 income − $2,555 expenses = $310 cash flow

Income$2,865Mortgage P&I$1,28445%Property Taxes$2127%Insurance$843%Management$34412%CapEx$1154%Vacancy$863%Maintenance$1154%Other$31511%Cash Flow$310

Investment Breakdown

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Purchase Price

$236k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,581

Downpayment

20%

$47,220

Closing costs

1%

$2,361

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,865

Total Expenses

$2,555

Mortgage P&I

45%

$1,284

Property Taxes

7%

$212

Home Insurance

3%

$84

HOA

0%

$0

Property Management

12%

$344

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$315

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