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$3,082 (target)

15875 Boreas Dr, Macomb, MI 48044

3 beds • 2 baths • 2818 sqft

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This property looks like a bad Mid-Term investment with a projected -1.82% first-year return on $90,471 initial cash invested.

-1.82%

Cash On Cash

5.97%

Cap Rate

0.99

DSCR

$3,082

Rent

-$137

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,082 income − $3,219 expenses = $137 out of pocket

Income$3,082Out of Pocket$137Mortgage P&I$1,73256%Property Taxes$31810%Insurance$1224%Management$37012%CapEx$1234%Vacancy$923%Maintenance$1234%Other$33911%

Investment Breakdown

|

Purchase Price

$345k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,471

Downpayment

20%

$69,020

Closing costs

1%

$3,451

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,082

Total Expenses

$3,219

Mortgage P&I

56%

$1,732

Property Taxes

10%

$318

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$370

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$339

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