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$3,076 (target)

1685 Altorf Strasse, Gaylord, MI 49735

3 beds • 2 baths • 1444 sqft

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This property could be a profitable Mid-Term investment with a projected 18.14% first-year return on $53,721 initial cash invested.

18.14%

Cash On Cash

12.64%

Cap Rate

2.09

DSCR

$3,076

Rent

$812

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,076 income − $2,264 expenses = $812 cash flow

Income$3,076Mortgage P&I$85728%Property Taxes$2418%Insurance$1144%HOA$7Management$36912%CapEx$1234%Vacancy$923%Maintenance$1234%Other$33811%Cash Flow$812

Investment Breakdown

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Purchase Price

$170k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,721

Downpayment

20%

$34,020

Closing costs

1%

$1,701

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$3,076

Total Expenses

$2,264

Mortgage P&I

28%

$857

Property Taxes

8%

$241

Home Insurance

4%

$114

HOA

0%

$7

Property Management

12%

$369

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$338

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