REI Lense

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$5,756 (target)

2007 Kaylyn Dr, Cadillac, MI 49601

3 beds • 2 baths • 2382 sqft

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This property could be a profitable Mid-Term investment with a projected 23.25% first-year return on $87,741 initial cash invested.

23.25%

Cash On Cash

13.07%

Cap Rate

2.14

DSCR

$5,756

Rent

$1,700

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,756 income − $4,056 expenses = $1,700 cash flow

Income$5,756Mortgage P&I$1,68629%Property Taxes$2945%Insurance$1192%Management$69112%CapEx$2304%Vacancy$1733%Maintenance$2304%Other$63311%Cash Flow$1,700

Investment Breakdown

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Purchase Price

$332k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,741

Downpayment

20%

$66,420

Closing costs

1%

$3,321

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$5,756

Total Expenses

$4,056

Mortgage P&I

29%

$1,686

Property Taxes

5%

$294

Home Insurance

2%

$119

HOA

0%

$0

Property Management

12%

$691

CapEx

4%

$230

Vacancy

3%

$173

Maintenance

4%

$230

Other

11%

$633

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