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$2,890 (target)

26219 Van Buren Rd, Dearborn Heights, MI 48127

3 beds • 2 baths • 1908 sqft

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This property looks like a bad Mid-Term investment with a projected -2.36% first-year return on $86,103 initial cash invested.

-2.36%

Cash On Cash

5.93%

Cap Rate

0.97

DSCR

$2,890

Rent

-$169

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,890 income − $3,059 expenses = $169 out of pocket

Income$2,890Out of Pocket$169Mortgage P&I$1,65657%Property Taxes$30210%Insurance$1174%Management$34712%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31811%

Investment Breakdown

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Purchase Price

$324k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,103

Downpayment

20%

$64,860

Closing costs

1%

$3,243

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,890

Total Expenses

$3,059

Mortgage P&I

57%

$1,656

Property Taxes

10%

$302

Home Insurance

4%

$117

HOA

0%

$0

Property Management

12%

$347

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$318

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