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$2,745 (target)

21546 Gregory St, Dearborn, MI 48124

3 beds • 2 baths • 1627 sqft

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This property might be a fair Mid-Term investment with a projected 1.93% first-year return on $73,461 initial cash invested.

1.93%

Cash On Cash

6.97%

Cap Rate

1.17

DSCR

$2,745

Rent

$118

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,745 income − $2,627 expenses = $118 cash flow

Income$2,745Mortgage P&I$1,30648%Property Taxes$29711%Insurance$913%Management$32912%CapEx$1104%Vacancy$823%Maintenance$1104%Other$30211%Cash Flow$118

Investment Breakdown

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Purchase Price

$264k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,461

Downpayment

20%

$52,820

Closing costs

1%

$2,641

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,745

Total Expenses

$2,627

Mortgage P&I

48%

$1,306

Property Taxes

11%

$297

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$329

CapEx

4%

$110

Vacancy

3%

$82

Maintenance

4%

$110

Other

11%

$302

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