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$3,579 (target)

2467 N Lake George Rd, Metamora, MI 48455

3 beds • 2 baths • 2126 sqft

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This property might be a fair Mid-Term investment with a projected 4.13% first-year return on $92,193 initial cash invested.

4.13%

Cash On Cash

7.45%

Cap Rate

1.27

DSCR

$3,579

Rent

$317

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$353k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,193

Downpayment

20%

$70,660

Closing costs

1%

$3,533

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,579

Total Expenses

$3,262

Mortgage P&I

48%

$1,733

Property Taxes

5%

$187

Home Insurance

4%

$126

HOA

0%

$0

Property Management

12%

$429

CapEx

4%

$143

Vacancy

3%

$107

Maintenance

4%

$143

Other

11%

$394

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