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$2,625 (target)

304 5th Ave, Three Rivers, MI 49093

3 beds • 2 baths • 1528 sqft

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This property could be a profitable Mid-Term investment with a projected 13.23% first-year return on $54,792 initial cash invested.

13.23%

Cash On Cash

10.95%

Cap Rate

1.8

DSCR

$2,625

Rent

$604

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,625 income − $2,021 expenses = $604 cash flow

Income$2,625Mortgage P&I$89034%Property Taxes$1967%Insurance$422%Management$31512%CapEx$1054%Vacancy$793%Maintenance$1054%Other$28911%Cash Flow$604

Investment Breakdown

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Purchase Price

$175k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,792

Downpayment

20%

$35,040

Closing costs

1%

$1,752

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,625

Total Expenses

$2,021

Mortgage P&I

34%

$890

Property Taxes

7%

$196

Home Insurance

2%

$42

HOA

0%

$0

Property Management

12%

$315

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$289

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