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$2,883 (target)

1892 Crestwood Ln, Muskegon, MI 49441

3 beds • 2 baths • 1380 sqft

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This property might be a fair Mid-Term investment with a projected 5.22% first-year return on $69,135 initial cash invested.

5.22%

Cash On Cash

8.58%

Cap Rate

1.31

DSCR

$2,883

Rent

$301

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,883 income − $2,582 expenses = $301 cash flow

Income$2,883Mortgage P&I$1,32546%Property Taxes$1907%Insurance$883%Management$34612%CapEx$1154%Vacancy$863%Maintenance$1154%Other$31711%Cash Flow$301

Investment Breakdown

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Purchase Price

$244k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,135

Downpayment

20%

$48,700

Closing costs

1%

$2,435

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,883

Total Expenses

$2,582

Mortgage P&I

46%

$1,325

Property Taxes

7%

$190

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$346

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$317

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