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$3,842 (target)

219 Jackson St, Allegan, MI 49010

3 beds • 3 baths • 1622 sqft

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This property might be a fair Mid-Term investment with a projected 4.98% first-year return on $91,773 initial cash invested.

4.98%

Cash On Cash

7.86%

Cap Rate

1.3

DSCR

$3,842

Rent

$381

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,842 income − $3,461 expenses = $381 cash flow

Income$3,842Mortgage P&I$1,76546%Property Taxes$2637%Insurance$1263%Management$46112%CapEx$1544%Vacancy$1153%Maintenance$1544%Other$42311%Cash Flow$381

Investment Breakdown

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Purchase Price

$351k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,773

Downpayment

20%

$70,260

Closing costs

1%

$3,513

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,842

Total Expenses

$3,461

Mortgage P&I

46%

$1,765

Property Taxes

7%

$263

Home Insurance

3%

$126

HOA

0%

$0

Property Management

12%

$461

CapEx

4%

$154

Vacancy

3%

$115

Maintenance

4%

$154

Other

11%

$423

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