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$2,494 (target)

2437 Amelith Rd, Bay City, MI 48706

3 beds • 3 baths • 2948 sqft

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This property might be a fair Mid-Term investment with a projected 0.98% first-year return on $74,679 initial cash invested.

0.98%

Cash On Cash

6.64%

Cap Rate

1.12

DSCR

$2,494

Rent

$61

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,494 income − $2,433 expenses = $61 cash flow

Income$2,494Mortgage P&I$1,33253%Property Taxes$1596%Insurance$944%Management$29912%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27411%Cash Flow$61

Investment Breakdown

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Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,679

Downpayment

20%

$53,980

Closing costs

1%

$2,699

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,494

Total Expenses

$2,433

Mortgage P&I

53%

$1,332

Property Taxes

6%

$159

Home Insurance

4%

$94

HOA

0%

$0

Property Management

12%

$299

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$274

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