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$2,607 (target)

25926 Powers Ave, Dearborn Heights, MI 48125

3 beds • 2 baths • 1333 sqft

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This property might be a fair Mid-Term investment with a projected 6.42% first-year return on $59,223 initial cash invested.

6.42%

Cash On Cash

8.89%

Cap Rate

1.41

DSCR

$2,607

Rent

$317

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,607 income − $2,290 expenses = $317 cash flow

Income$2,607Mortgage P&I$1,03340%Property Taxes$30812%Insurance$632%Management$31312%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28711%Cash Flow$317

Investment Breakdown

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Purchase Price

$196k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,223

Downpayment

20%

$39,260

Closing costs

1%

$1,963

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,607

Total Expenses

$2,290

Mortgage P&I

40%

$1,033

Property Taxes

12%

$308

Home Insurance

2%

$63

HOA

0%

$0

Property Management

12%

$313

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$287

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