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$4,058 (target)

1461 Silverbrook Ln, Saint Joseph, MI 49085

3 beds • 3 baths • 1984 sqft

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This property might be a fair Mid-Term investment with a projected 4.96% first-year return on $96,477 initial cash invested.

4.96%

Cash On Cash

7.83%

Cap Rate

1.3

DSCR

$4,058

Rent

$399

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,058 income − $3,659 expenses = $399 cash flow

Income$4,058Mortgage P&I$1,87746%Property Taxes$2677%Insurance$1363%Management$48712%CapEx$1624%Vacancy$1223%Maintenance$1624%Other$44611%Cash Flow$399

Investment Breakdown

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Purchase Price

$374k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,477

Downpayment

20%

$74,740

Closing costs

1%

$3,737

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,058

Total Expenses

$3,659

Mortgage P&I

46%

$1,877

Property Taxes

7%

$267

Home Insurance

3%

$136

HOA

0%

$0

Property Management

12%

$487

CapEx

4%

$162

Vacancy

3%

$122

Maintenance

4%

$162

Other

11%

$446

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