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$2,895 (target)

32137 Hees St, Livonia, MI 48150

3 beds • 2 baths • 1956 sqft

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This property looks like a bad Mid-Term investment with a projected -1.85% first-year return on $78,039 initial cash invested.

-1.85%

Cash On Cash

6.37%

Cap Rate

1

DSCR

$2,895

Rent

-$120

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,895 income − $3,015 expenses = $120 out of pocket

Income$2,895Out of Pocket$120Mortgage P&I$1,52253%Property Taxes$40814%Insurance$1013%Management$34712%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31811%

Investment Breakdown

|

Purchase Price

$286k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,039

Downpayment

20%

$57,180

Closing costs

1%

$2,859

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,895

Total Expenses

$3,015

Mortgage P&I

53%

$1,522

Property Taxes

14%

$408

Home Insurance

3%

$101

HOA

0%

$0

Property Management

12%

$347

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$318

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