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$2,898 (target)

17164 Anita St, Fraser, MI 48026

3 beds • 2 baths • 2056 sqft

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This property might be a fair Mid-Term investment with a projected 2.67% first-year return on $71,970 initial cash invested.

2.67%

Cash On Cash

7.52%

Cap Rate

1.21

DSCR

$2,898

Rent

$160

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,898 income − $2,738 expenses = $160 cash flow

Income$2,898Mortgage P&I$1,33446%Property Taxes$32711%Insurance$913%Management$34812%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31911%Cash Flow$160

Investment Breakdown

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Purchase Price

$257k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,970

Downpayment

20%

$51,400

Closing costs

1%

$2,570

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,898

Total Expenses

$2,738

Mortgage P&I

46%

$1,334

Property Taxes

11%

$327

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$348

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$319

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