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$3,999 (target)

2467 43rd St SW, Wyoming, MI 49519

3 beds • 3 baths • 2265 sqft

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This property might be a fair Mid-Term investment with a projected 1.55% first-year return on $96,561 initial cash invested.

1.55%

Cash On Cash

6.9%

Cap Rate

1.15

DSCR

$3,999

Rent

$125

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,999 income − $3,874 expenses = $125 cash flow

Income$3,999Mortgage P&I$1,86747%Property Taxes$51413%Insurance$1333%Management$48012%CapEx$1604%Vacancy$1203%Maintenance$1604%Other$44011%Cash Flow$125

Investment Breakdown

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Purchase Price

$374k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,561

Downpayment

20%

$74,820

Closing costs

1%

$3,741

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,999

Total Expenses

$3,874

Mortgage P&I

47%

$1,867

Property Taxes

13%

$514

Home Insurance

3%

$133

HOA

0%

$0

Property Management

12%

$480

CapEx

4%

$160

Vacancy

3%

$120

Maintenance

4%

$160

Other

11%

$440

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