REI Lense

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$2,750 (target)

17830 Kuecken St, Clinton Township, MI 48038

3 beds • 2 baths • 2284 sqft

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This property looks like a bad Mid-Term investment with a projected -2.37% first-year return on $86,229 initial cash invested.

-2.37%

Cash On Cash

5.7%

Cap Rate

0.96

DSCR

$2,750

Rent

-$170

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,229

Downpayment

20%

$64,980

Closing costs

1%

$3,249

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,750

Total Expenses

$2,920

Mortgage P&I

58%

$1,604

Property Taxes

10%

$268

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$330

CapEx

4%

$110

Vacancy

3%

$82

Maintenance

4%

$110

Other

11%

$302

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