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$2,117 (target)

1209 Napier Ave, Saint Joseph, MI 49085

3 beds • 2 baths • 1591 sqft

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This property looks like a bad Long-Term investment with a projected -9.71% first-year return on $69,090 initial cash invested.

-9.71%

Cash On Cash

4.41%

Cap Rate

0.73

DSCR

$2,117

Rent

-$559

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,117 income − $2,676 expenses = $559 out of pocket

Income$2,117Out of Pocket$559Mortgage P&I$1,66279%Property Taxes$34816%Insurance$1155%Management$21210%CapEx$1065%Vacancy$1276%Maintenance$1065%

Investment Breakdown

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Purchase Price

$329k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,090

Downpayment

20%

$65,800

Closing costs

1%

$3,290

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,117

Total Expenses

$2,676

Mortgage P&I

79%

$1,662

Property Taxes

16%

$348

Home Insurance

5%

$115

HOA

0%

$0

Property Management

10%

$212

CapEx

5%

$106

Vacancy

6%

$127

Maintenance

5%

$106

Other

0%

$0

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