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$6,238 (target)

2075 Shagbark Ln, Okemos, MI 48864

3 beds • 4 baths • 3167 sqft

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This property could be a profitable Mid-Term investment with a projected 18.46% first-year return on $99,123 initial cash invested.

18.46%

Cash On Cash

11.44%

Cap Rate

1.93

DSCR

$6,238

Rent

$1,525

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$386k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,123

Downpayment

20%

$77,260

Closing costs

1%

$3,863

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$6,238

Total Expenses

$4,713

Mortgage P&I

31%

$1,907

Property Taxes

9%

$532

Home Insurance

2%

$145

HOA

0%

$7

Property Management

12%

$749

CapEx

4%

$250

Vacancy

3%

$187

Maintenance

4%

$250

Other

11%

$686

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