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$2,889 (target)

1587 Peck St, Muskegon, MI 49441

3 beds • 2 baths • 1543 sqft

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This property could be a profitable Mid-Term investment with a projected 17.26% first-year return on $54,729 initial cash invested.

17.26%

Cash On Cash

12.65%

Cap Rate

1.96

DSCR

$2,889

Rent

$787

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,889 income − $2,102 expenses = $787 cash flow

Income$2,889Mortgage P&I$94133%Property Taxes$1164%Insurance$612%Management$34712%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31811%Cash Flow$787

Investment Breakdown

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Purchase Price

$175k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,729

Downpayment

20%

$34,980

Closing costs

1%

$1,749

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,889

Total Expenses

$2,102

Mortgage P&I

33%

$941

Property Taxes

4%

$116

Home Insurance

2%

$61

HOA

0%

$0

Property Management

12%

$347

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$318

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