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3231 Magnolia Cir, Kalamazoo, MI 49008

3 beds • 3 baths • 2251 sqft

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This property might be a fair Mid-Term investment with a projected 4.76% first-year return on $84,276 initial cash invested.

4.76%

Cash On Cash

7.68%

Cap Rate

1.32

DSCR

$3,780

Rent

$334

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$316k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,276

Downpayment

20%

$63,120

Closing costs

1%

$3,156

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,780

Total Expenses

$3,446

Mortgage P&I

41%

$1,535

Property Taxes

14%

$512

Home Insurance

3%

$114

HOA

0%

$0

Property Management

12%

$454

CapEx

4%

$151

Vacancy

3%

$113

Maintenance

4%

$151

Other

11%

$416

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