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$3,849 (target)

2985 W Kirby Rd, Battle Creek, MI 49017

3 beds • 3 baths • 1633 sqft

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This property might be a fair Mid-Term investment with a projected 5.18% first-year return on $87,636 initial cash invested.

5.18%

Cash On Cash

7.89%

Cap Rate

1.32

DSCR

$3,849

Rent

$378

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,849 income − $3,471 expenses = $378 cash flow

Income$3,849Mortgage P&I$1,64943%Property Taxes$39410%Insurance$1203%Management$46212%CapEx$1544%Vacancy$1153%Maintenance$1544%Other$42311%Cash Flow$378

Investment Breakdown

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Purchase Price

$332k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,636

Downpayment

20%

$66,320

Closing costs

1%

$3,316

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,849

Total Expenses

$3,471

Mortgage P&I

43%

$1,649

Property Taxes

10%

$394

Home Insurance

3%

$120

HOA

0%

$0

Property Management

12%

$462

CapEx

4%

$154

Vacancy

3%

$115

Maintenance

4%

$154

Other

11%

$423

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