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$2,655 (target)

25175 W Chicago St, Redford, MI 48239

3 beds • 2 baths • 1288 sqft

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This property could be a profitable Mid-Term investment with a projected 18.6% first-year return on $45,300 initial cash invested.

18.6%

Cash On Cash

13.89%

Cap Rate

2.16

DSCR

$2,655

Rent

$702

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,655 income − $1,953 expenses = $702 cash flow

Income$2,655Mortgage P&I$69726%Property Taxes$30712%Insurance$462%Management$31912%CapEx$1064%Vacancy$803%Maintenance$1064%Other$29211%Cash Flow$702

Investment Breakdown

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Purchase Price

$130k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,300

Downpayment

20%

$26,000

Closing costs

1%

$1,300

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$2,655

Total Expenses

$1,953

Mortgage P&I

26%

$697

Property Taxes

12%

$307

Home Insurance

2%

$46

HOA

0%

$0

Property Management

12%

$319

CapEx

4%

$106

Vacancy

3%

$80

Maintenance

4%

$106

Other

11%

$292

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