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$3,045 (target)

137 Michigana Dr, Pocono Lake, PA 18347

3 beds • 2 baths • 1498 sqft

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This property might be a fair Mid-Term investment with a projected 8.57% first-year return on $57,690 initial cash invested.

8.57%

Cash On Cash

9.93%

Cap Rate

1.52

DSCR

$3,045

Rent

$412

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,045 income − $2,633 expenses = $412 cash flow

Income$3,045Mortgage P&I$1,03034%Property Taxes$32111%Insurance$662%HOA$1816%Management$36512%CapEx$1224%Vacancy$913%Maintenance$1224%Other$33511%Cash Flow$412

Investment Breakdown

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Purchase Price

$189k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,690

Downpayment

20%

$37,800

Closing costs

1%

$1,890

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$3,045

Total Expenses

$2,633

Mortgage P&I

34%

$1,030

Property Taxes

11%

$321

Home Insurance

2%

$66

HOA

6%

$181

Property Management

12%

$365

CapEx

4%

$122

Vacancy

3%

$91

Maintenance

4%

$122

Other

11%

$335

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