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$3,812 (target)

3302 Grant Rd, Rochester Hills, MI 48309

3 beds • 2 baths • 1340 sqft

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This property might be a fair Mid-Term investment with a projected 0.56% first-year return on $93,642 initial cash invested.

0.56%

Cash On Cash

6.86%

Cap Rate

1.11

DSCR

$3,812

Rent

$44

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,812 income − $3,768 expenses = $44 cash flow

Income$3,812Mortgage P&I$1,86249%Property Taxes$46212%Insurance$1504%Management$45712%CapEx$1524%Vacancy$1143%Maintenance$1524%Other$41911%Cash Flow$44

Investment Breakdown

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Purchase Price

$360k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,642

Downpayment

20%

$72,040

Closing costs

1%

$3,602

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,812

Total Expenses

$3,768

Mortgage P&I

49%

$1,862

Property Taxes

12%

$462

Home Insurance

4%

$150

HOA

0%

$0

Property Management

12%

$457

CapEx

4%

$152

Vacancy

3%

$114

Maintenance

4%

$152

Other

11%

$419

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