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$2,798 (target)

2391 Macarthur Rd, Muskegon, MI 49442

3 beds • 2 baths • 1460 sqft

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This property might be a fair Mid-Term investment with a projected 3.34% first-year return on $72,180 initial cash invested.

3.34%

Cash On Cash

7.38%

Cap Rate

1.25

DSCR

$2,798

Rent

$201

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,798 income − $2,597 expenses = $201 cash flow

Income$2,798Mortgage P&I$1,27345%Property Taxes$26710%Insurance$1054%Management$33612%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30811%Cash Flow$201

Investment Breakdown

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Purchase Price

$258k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,180

Downpayment

20%

$51,600

Closing costs

1%

$2,580

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,798

Total Expenses

$2,597

Mortgage P&I

46%

$1,273

Property Taxes

10%

$267

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$336

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$308

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