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$2,724 (target)

1363 S Quarterline Rd, Muskegon, MI 49442

3 beds • 2 baths • 1819 sqft

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This property might be a fair Mid-Term investment with a projected 1.23% first-year return on $69,093 initial cash invested.

1.23%

Cash On Cash

7.3%

Cap Rate

1.14

DSCR

$2,724

Rent

$71

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,724 income − $2,653 expenses = $71 cash flow

Income$2,724Mortgage P&I$1,30148%Property Taxes$33812%Insurance$873%Management$32712%CapEx$1094%Vacancy$823%Maintenance$1094%Other$30011%Cash Flow$71

Investment Breakdown

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Purchase Price

$243k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,093

Downpayment

20%

$48,660

Closing costs

1%

$2,433

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,724

Total Expenses

$2,653

Mortgage P&I

48%

$1,301

Property Taxes

12%

$338

Home Insurance

3%

$87

HOA

0%

$0

Property Management

12%

$327

CapEx

4%

$109

Vacancy

3%

$82

Maintenance

4%

$109

Other

11%

$300

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