REI Lense

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$3,927 (target)

310 Browning Dr, Howell, MI 48843

3 beds • 2 baths • 2096 sqft

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This property might be a fair Mid-Term investment with a projected 1.51% first-year return on $105k initial cash invested.

1.51%

Cash On Cash

6.77%

Cap Rate

1.14

DSCR

$3,927

Rent

$132

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,927 income − $3,795 expenses = $132 cash flow

Income$3,927Mortgage P&I$2,05252%Property Taxes$2637%Insurance$1454%Management$47112%CapEx$1574%Vacancy$1183%Maintenance$1574%Other$43211%Cash Flow$132

Investment Breakdown

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Purchase Price

$415k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$83,000

Closing costs

1%

$4,150

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,927

Total Expenses

$3,795

Mortgage P&I

52%

$2,052

Property Taxes

7%

$263

Home Insurance

4%

$145

HOA

0%

$0

Property Management

12%

$471

CapEx

4%

$157

Vacancy

3%

$118

Maintenance

4%

$157

Other

11%

$432

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