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$1,845 (target)

2240 Delaware Blvd, Saginaw, MI 48602

3 beds • 2 baths • 2197 sqft

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This property looks like a bad Mid-Term investment with a projected -0.62% first-year return on $57,879 initial cash invested.

-0.62%

Cash On Cash

6.55%

Cap Rate

1.04

DSCR

$1,845

Rent

-$30

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,845 income − $1,875 expenses = $30 out of pocket

Income$1,845Out of Pocket$30Mortgage P&I$99254%Property Taxes$19010%Insurance$664%Management$22112%CapEx$744%Vacancy$553%Maintenance$744%Other$20311%

Investment Breakdown

|

Purchase Price

$190k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,879

Downpayment

20%

$37,980

Closing costs

1%

$1,899

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,845

Total Expenses

$1,875

Mortgage P&I

54%

$992

Property Taxes

10%

$190

Home Insurance

4%

$66

HOA

0%

$0

Property Management

12%

$221

CapEx

4%

$74

Vacancy

3%

$55

Maintenance

4%

$74

Other

11%

$203

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