REI Lense

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$2,487 (target)

15112 Oldham St, Taylor, MI 48180

3 beds • 2 baths • 1300 sqft

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This property could be a profitable Mid-Term investment with a projected 12.86% first-year return on $52,629 initial cash invested.

12.86%

Cash On Cash

11.27%

Cap Rate

1.75

DSCR

$2,487

Rent

$564

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,487 income − $1,923 expenses = $564 cash flow

Income$2,487Mortgage P&I$88536%Property Taxes$1355%Insurance$582%Management$29812%CapEx$994%Vacancy$753%Maintenance$994%Other$27411%Cash Flow$564

Investment Breakdown

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Purchase Price

$165k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,629

Downpayment

20%

$32,980

Closing costs

1%

$1,649

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,487

Total Expenses

$1,923

Mortgage P&I

36%

$885

Property Taxes

5%

$135

Home Insurance

2%

$58

HOA

0%

$0

Property Management

12%

$298

CapEx

4%

$99

Vacancy

3%

$75

Maintenance

4%

$99

Other

11%

$274

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