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$2,907 (target)

27509 Bonnie Dr, Warren, MI 48093

3 beds • 3 baths • 2102 sqft

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This property might be a fair Mid-Term investment with a projected 3.18% first-year return on $72,033 initial cash invested.

3.18%

Cash On Cash

7.46%

Cap Rate

1.24

DSCR

$2,907

Rent

$191

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,907 income − $2,716 expenses = $191 cash flow

Income$2,907Mortgage P&I$1,29344%Property Taxes$34412%Insurance$913%Management$34912%CapEx$1164%Vacancy$873%Maintenance$1164%Other$32011%Cash Flow$191

Investment Breakdown

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Purchase Price

$257k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,033

Downpayment

20%

$51,460

Closing costs

1%

$2,573

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,907

Total Expenses

$2,716

Mortgage P&I

44%

$1,293

Property Taxes

12%

$344

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$349

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$320

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