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$3,406 (target)

1991 Riley St, Hudsonville, MI 49426

3 beds • 2 baths • 2112 sqft

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This property looks like a bad Mid-Term investment with a projected -3.71% first-year return on $112k initial cash invested.

-3.71%

Cash On Cash

5.41%

Cap Rate

0.91

DSCR

$3,406

Rent

-$348

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,406 income − $3,754 expenses = $348 out of pocket

Income$3,406Out of Pocket$348Mortgage P&I$2,23966%Property Taxes$1996%Insurance$1585%Management$40912%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37511%

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,980

Closing costs

1%

$4,499

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,406

Total Expenses

$3,754

Mortgage P&I

66%

$2,239

Property Taxes

6%

$199

Home Insurance

5%

$158

HOA

0%

$0

Property Management

12%

$409

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$375

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