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$3,530 (target)

16362 Paddock Club Blvd, Linden, MI 48451

3 beds • 2 baths • 1456 sqft

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This property might be a fair Mid-Term investment with a projected 2.34% first-year return on $89,400 initial cash invested.

2.34%

Cash On Cash

7.08%

Cap Rate

1.19

DSCR

$3,530

Rent

$174

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,530 income − $3,356 expenses = $174 cash flow

Income$3,530Mortgage P&I$1,69148%Property Taxes$34610%Insurance$1193%Management$42412%CapEx$1414%Vacancy$1063%Maintenance$1414%Other$38811%Cash Flow$174

Investment Breakdown

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Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,400

Downpayment

20%

$68,000

Closing costs

1%

$3,400

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,530

Total Expenses

$3,356

Mortgage P&I

48%

$1,691

Property Taxes

10%

$346

Home Insurance

3%

$119

HOA

0%

$0

Property Management

12%

$424

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$388

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