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$2,892 (target)

14918 Angelique Ave, Allen Park, MI 48101

3 beds • 2 baths • 2086 sqft

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This property might be a fair Mid-Term investment with a projected 1.36% first-year return on $69,513 initial cash invested.

1.36%

Cash On Cash

7.36%

Cap Rate

1.15

DSCR

$2,892

Rent

$79

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,892 income − $2,813 expenses = $79 cash flow

Income$2,892Mortgage P&I$1,30945%Property Taxes$43215%Insurance$883%Management$34712%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31811%Cash Flow$79

Investment Breakdown

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Purchase Price

$245k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,513

Downpayment

20%

$49,060

Closing costs

1%

$2,453

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,892

Total Expenses

$2,813

Mortgage P&I

45%

$1,309

Property Taxes

15%

$432

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$347

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$318

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