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$2,102 (target)

1218 12th St, Port Huron, MI 48060

3 beds • 2 baths • 1314 sqft

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This property could be a profitable Mid-Term investment with a projected 11.98% first-year return on $47,967 initial cash invested.

11.98%

Cash On Cash

11.04%

Cap Rate

1.75

DSCR

$2,102

Rent

$479

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,102 income − $1,623 expenses = $479 cash flow

Income$2,102Mortgage P&I$75036%Property Taxes$1176%Insurance$422%Management$25212%CapEx$844%Vacancy$633%Maintenance$844%Other$23111%Cash Flow$479

Investment Breakdown

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Purchase Price

$143k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,967

Downpayment

20%

$28,540

Closing costs

1%

$1,427

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,102

Total Expenses

$1,623

Mortgage P&I

36%

$750

Property Taxes

6%

$117

Home Insurance

2%

$42

HOA

0%

$0

Property Management

12%

$252

CapEx

4%

$84

Vacancy

3%

$63

Maintenance

4%

$84

Other

11%

$231

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