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$1,551 (target)

3345 Linger Ln, Saginaw, MI 48601

3 beds • 2 baths • 1008 sqft

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This property might be a fair Mid-Term investment with a projected 3.68% first-year return on $45,930 initial cash invested.

3.68%

Cash On Cash

8.32%

Cap Rate

1.28

DSCR

$1,551

Rent

$141

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,551 income − $1,410 expenses = $141 cash flow

Income$1,551Mortgage P&I$71946%Property Taxes$1167%Insurance$473%Management$18612%CapEx$624%Vacancy$473%Maintenance$624%Other$17111%Cash Flow$141

Investment Breakdown

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Purchase Price

$133k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,930

Downpayment

20%

$26,600

Closing costs

1%

$1,330

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$1,551

Total Expenses

$1,410

Mortgage P&I

46%

$719

Property Taxes

7%

$116

Home Insurance

3%

$47

HOA

0%

$0

Property Management

12%

$186

CapEx

4%

$62

Vacancy

3%

$47

Maintenance

4%

$62

Other

11%

$171

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