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3136 Cherrytree Ln, Ann Arbor, MI 48108

3 beds • 2 baths • 2240 sqft

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This property looks like a bad Long-Term investment with a projected -5.12% first-year return on $68,250 initial cash invested.

-5.12%

Cash On Cash

5.42%

Cap Rate

0.9

DSCR

$2,710

Rent

-$291

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,710

Total Expenses

$3,001

Mortgage P&I

60%

$1,622

Property Taxes

21%

$559

Home Insurance

4%

$114

HOA

0%

$0

Property Management

10%

$271

CapEx

5%

$136

Vacancy

6%

$163

Maintenance

5%

$136

Other

0%

$0

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