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$2,706 (target)

1383 Cranbrook Dr, Saginaw, MI 48638

3 beds • 3 baths • 1834 sqft

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This property might be a fair Mid-Term investment with a projected 1.62% first-year return on $73,188 initial cash invested.

1.62%

Cash On Cash

6.98%

Cap Rate

1.16

DSCR

$2,706

Rent

$99

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,706 income − $2,607 expenses = $99 cash flow

Income$2,706Mortgage P&I$1,32149%Property Taxes$27210%Insurance$943%Management$32512%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29811%Cash Flow$99

Investment Breakdown

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Purchase Price

$263k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,188

Downpayment

20%

$52,560

Closing costs

1%

$2,628

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,706

Total Expenses

$2,607

Mortgage P&I

49%

$1,321

Property Taxes

10%

$272

Home Insurance

3%

$94

HOA

0%

$0

Property Management

12%

$325

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$298

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