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$2,051 (target)

1685 Altorf Strasse, Gaylord, MI 49735

3 beds • 2 baths • 1444 sqft

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This property could be a profitable Long-Term investment with a projected 10.01% first-year return on $35,721 initial cash invested.

10.01%

Cash On Cash

8.87%

Cap Rate

1.47

DSCR

$2,051

Rent

$298

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,051 income − $1,753 expenses = $298 cash flow

Income$2,051Mortgage P&I$85742%Property Taxes$24112%Insurance$1146%HOA$7Management$20510%CapEx$1035%Vacancy$1236%Maintenance$1035%Cash Flow$298

Investment Breakdown

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Purchase Price

$170k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,721

Downpayment

20%

$34,020

Closing costs

1%

$1,701

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,051

Total Expenses

$1,753

Mortgage P&I

42%

$857

Property Taxes

12%

$241

Home Insurance

6%

$114

HOA

0%

$7

Property Management

10%

$205

CapEx

5%

$103

Vacancy

6%

$123

Maintenance

5%

$103

Other

0%

$0

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