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$4,383 (target)

1259 Cedar Dr, Birmingham, MI 48009

3 beds • 3 baths • 2028 sqft

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This property looks like a bad Long-Term investment with a projected -13.41% first-year return on $168k initial cash invested.

-13.41%

Cash On Cash

3.54%

Cap Rate

0.59

DSCR

$4,383

Rent

-$1,872

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,383 income − $6,255 expenses = $1,872 out of pocket

Income$4,383Out of Pocket$1,872Mortgage P&I$4,00991%Property Taxes$81819%Insurance$2897%Management$43810%CapEx$2195%Vacancy$2636%Maintenance$2195%

Investment Breakdown

|

Purchase Price

$798k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$168k

Downpayment

20%

$160k

Closing costs

1%

$7,977

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,383

Total Expenses

$6,255

Mortgage P&I

91%

$4,009

Property Taxes

19%

$818

Home Insurance

7%

$289

HOA

0%

$0

Property Management

10%

$438

CapEx

5%

$219

Vacancy

6%

$263

Maintenance

5%

$219

Other

0%

$0

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