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$2,566 (target)

3255 Gale Rd, Eaton Rapids, MI 48827

3 beds • 2 baths • 2249 sqft

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This property looks like a bad Mid-Term investment with a projected -9.27% first-year return on $97,779 initial cash invested.

-9.27%

Cash On Cash

4.55%

Cap Rate

0.69

DSCR

$2,566

Rent

-$755

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,566 income − $3,321 expenses = $755 out of pocket

Income$2,566Out of Pocket$755Mortgage P&I$2,09482%Property Taxes$2219%Insurance$1335%Management$30812%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28211%

Investment Breakdown

|

Purchase Price

$380k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,779

Downpayment

20%

$75,980

Closing costs

1%

$3,799

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,566

Total Expenses

$3,321

Mortgage P&I

82%

$2,094

Property Taxes

9%

$221

Home Insurance

5%

$133

HOA

0%

$0

Property Management

12%

$308

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$282

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