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$1,926 (target)

1587 Peck St, Muskegon, MI 49441

3 beds • 2 baths • 1543 sqft

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This property could be a profitable Long-Term investment with a projected 10.03% first-year return on $36,729 initial cash invested.

10.03%

Cash On Cash

9.22%

Cap Rate

1.43

DSCR

$1,926

Rent

$307

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,926 income − $1,619 expenses = $307 cash flow

Income$1,926Mortgage P&I$94149%Property Taxes$1166%Insurance$613%Management$19310%CapEx$965%Vacancy$1166%Maintenance$965%Cash Flow$307

Investment Breakdown

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Purchase Price

$175k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,729

Downpayment

20%

$34,980

Closing costs

1%

$1,749

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,926

Total Expenses

$1,619

Mortgage P&I

49%

$941

Property Taxes

6%

$116

Home Insurance

3%

$61

HOA

0%

$0

Property Management

10%

$193

CapEx

5%

$96

Vacancy

6%

$116

Maintenance

5%

$96

Other

0%

$0

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