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$3,340 (target)

12272 E Mount Morris Rd, Davison, MI 48423

3 beds • 2 baths • 2004 sqft

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This property might be a fair Mid-Term investment with a projected 9.45% first-year return on $72,012 initial cash invested.

9.45%

Cash On Cash

9.22%

Cap Rate

1.55

DSCR

$3,340

Rent

$567

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,340 income − $2,773 expenses = $567 cash flow

Income$3,340Mortgage P&I$1,27538%Property Taxes$2718%Insurance$913%Management$40112%CapEx$1344%Vacancy$1003%Maintenance$1344%Other$36711%Cash Flow$567

Investment Breakdown

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Purchase Price

$257k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,012

Downpayment

20%

$51,440

Closing costs

1%

$2,572

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,340

Total Expenses

$2,773

Mortgage P&I

38%

$1,275

Property Taxes

8%

$271

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$401

CapEx

4%

$134

Vacancy

3%

$100

Maintenance

4%

$134

Other

11%

$367

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