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$3,429 (target)

3155 Watkins Rd, Battle Creek, MI 49015

3 beds • 2 baths • 1728 sqft

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This property might be a fair Mid-Term investment with a projected 0.44% first-year return on $89,715 initial cash invested.

0.44%

Cash On Cash

6.68%

Cap Rate

1.1

DSCR

$3,429

Rent

$33

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,429 income − $3,396 expenses = $33 cash flow

Income$3,429Mortgage P&I$1,73150%Property Taxes$37411%Insurance$1264%Management$41112%CapEx$1374%Vacancy$1033%Maintenance$1374%Other$37711%Cash Flow$33

Investment Breakdown

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Purchase Price

$342k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,715

Downpayment

20%

$68,300

Closing costs

1%

$3,415

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,429

Total Expenses

$3,396

Mortgage P&I

50%

$1,731

Property Taxes

11%

$374

Home Insurance

4%

$126

HOA

0%

$0

Property Management

12%

$411

CapEx

4%

$137

Vacancy

3%

$103

Maintenance

4%

$137

Other

11%

$377

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