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$3,501 (target)

26560 Acacia St, Harrison Township, MI 48045

3 beds • 3 baths • 1536 sqft

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This property might be a fair Mid-Term investment with a projected 4.52% first-year return on $86,880 initial cash invested.

4.52%

Cash On Cash

7.64%

Cap Rate

1.29

DSCR

$3,501

Rent

$327

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,501 income − $3,174 expenses = $327 cash flow

Income$3,501Mortgage P&I$1,62246%Property Taxes$2457%Insurance$1173%Management$42012%CapEx$1404%Vacancy$1053%Maintenance$1404%Other$38511%Cash Flow$327

Investment Breakdown

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Purchase Price

$328k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,880

Downpayment

20%

$65,600

Closing costs

1%

$3,280

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,501

Total Expenses

$3,174

Mortgage P&I

46%

$1,622

Property Taxes

7%

$245

Home Insurance

3%

$117

HOA

0%

$0

Property Management

12%

$420

CapEx

4%

$140

Vacancy

3%

$105

Maintenance

4%

$140

Other

11%

$385

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