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$2,380 (target)

26095 Powers Ave, Dearborn Heights, MI 48125

3 beds • 2 baths • 1248 sqft

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This property could be a profitable Mid-Term investment with a projected 16.5% first-year return on $41,079 initial cash invested.

16.5%

Cash On Cash

13.76%

Cap Rate

2.1

DSCR

$2,380

Rent

$565

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,380 income − $1,815 expenses = $565 cash flow

Income$2,380Mortgage P&I$60025%Property Taxes$35015%Insurance$562%Management$28612%CapEx$954%Vacancy$713%Maintenance$954%Other$26211%Cash Flow$565

Investment Breakdown

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Purchase Price

$110k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,079

Downpayment

20%

$21,980

Closing costs

1%

$1,099

Rehab

0%

$0

Furnishing

16%

$18,000

Cashflow

Total Income

$2,380

Total Expenses

$1,815

Mortgage P&I

25%

$600

Property Taxes

15%

$350

Home Insurance

2%

$56

HOA

0%

$0

Property Management

12%

$286

CapEx

4%

$95

Vacancy

3%

$71

Maintenance

4%

$95

Other

11%

$262

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