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$3,098 (target)

1453 N Mapleleaf Dr, Gaylord, MI 49735

3 beds • 2 baths • 1522 sqft

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This property could be a profitable Mid-Term investment with a projected 12.31% first-year return on $62,688 initial cash invested.

12.31%

Cash On Cash

10.87%

Cap Rate

1.66

DSCR

$3,098

Rent

$643

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,098 income − $2,455 expenses = $643 cash flow

Income$3,098Mortgage P&I$1,16137%Property Taxes$1635%Insurance$772%Management$37212%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34111%Cash Flow$643

Investment Breakdown

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Purchase Price

$213k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,688

Downpayment

20%

$42,560

Closing costs

1%

$2,128

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,098

Total Expenses

$2,455

Mortgage P&I

37%

$1,161

Property Taxes

5%

$163

Home Insurance

2%

$77

HOA

0%

$0

Property Management

12%

$372

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$341

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