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$3,104 (target)

2510 Schippell St, Holt, MI 48842

3 beds • 3 baths • 1560 sqft

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This property might be a fair Mid-Term investment with a projected 0.58% first-year return on $74,700 initial cash invested.

0.58%

Cash On Cash

7.4%

Cap Rate

1.11

DSCR

$3,104

Rent

$36

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,104 income − $3,068 expenses = $36 cash flow

Income$3,104Mortgage P&I$1,50448%Property Taxes$39813%Insurance$1124%Management$37212%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34111%Cash Flow$36

Investment Breakdown

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Purchase Price

$270k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,700

Downpayment

20%

$54,000

Closing costs

1%

$2,700

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,104

Total Expenses

$3,068

Mortgage P&I

48%

$1,504

Property Taxes

13%

$398

Home Insurance

4%

$112

HOA

0%

$0

Property Management

12%

$372

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$341

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