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$2,379 (target)

1813 Center St, Kalamazoo, MI 49048

3 beds • 2 baths • 1190 sqft

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This property could be a profitable Mid-Term investment with a projected 18.51% first-year return on $42,864 initial cash invested.

18.51%

Cash On Cash

14.45%

Cap Rate

2.13

DSCR

$2,379

Rent

$661

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,379 income − $1,718 expenses = $661 cash flow

Income$2,379Mortgage P&I$67028%Property Taxes$1918%Insurance$492%Management$28512%CapEx$954%Vacancy$713%Maintenance$954%Other$26211%Cash Flow$661

Investment Breakdown

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Purchase Price

$118k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,864

Downpayment

20%

$23,680

Closing costs

1%

$1,184

Rehab

0%

$0

Furnishing

15%

$18,000

Cashflow

Total Income

$2,379

Total Expenses

$1,718

Mortgage P&I

28%

$670

Property Taxes

8%

$191

Home Insurance

2%

$49

HOA

0%

$0

Property Management

12%

$285

CapEx

4%

$95

Vacancy

3%

$71

Maintenance

4%

$95

Other

11%

$262

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