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$3,178 (target)

29571 Lori St, Livonia, MI 48154

3 beds • 2 baths • 2235 sqft

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This property might be a fair Mid-Term investment with a projected 1.61% first-year return on $85,872 initial cash invested.

1.61%

Cash On Cash

6.89%

Cap Rate

1.15

DSCR

$3,178

Rent

$115

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,178 income − $3,063 expenses = $115 cash flow

Income$3,178Mortgage P&I$1,61351%Property Taxes$2548%Insurance$1164%Management$38112%CapEx$1274%Vacancy$953%Maintenance$1274%Other$35011%Cash Flow$115

Investment Breakdown

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Purchase Price

$323k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,872

Downpayment

20%

$64,640

Closing costs

1%

$3,232

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,178

Total Expenses

$3,063

Mortgage P&I

51%

$1,613

Property Taxes

8%

$254

Home Insurance

4%

$116

HOA

0%

$0

Property Management

12%

$381

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$350

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