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$3,226 (target)

13331 Crane Ridge Dr, Fenton, MI 48430

3 beds • 2 baths • 1560 sqft

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This property might be a fair Mid-Term investment with a projected 1.78% first-year return on $81,651 initial cash invested.

1.78%

Cash On Cash

7.08%

Cap Rate

1.16

DSCR

$3,226

Rent

$121

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,226 income − $3,105 expenses = $121 cash flow

Income$3,226Mortgage P&I$1,53948%Property Taxes$34311%Insurance$1264%Management$38712%CapEx$1294%Vacancy$973%Maintenance$1294%Other$35511%Cash Flow$121

Investment Breakdown

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Purchase Price

$303k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,651

Downpayment

20%

$60,620

Closing costs

1%

$3,031

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,226

Total Expenses

$3,105

Mortgage P&I

48%

$1,539

Property Taxes

11%

$343

Home Insurance

4%

$126

HOA

0%

$0

Property Management

12%

$387

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$355

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