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$3,954 (target)

33722 Lyncroft St, Farmington Hills, MI 48331

3 beds • 3 baths • 3100 sqft

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This property looks like a bad Mid-Term investment with a projected -3.24% first-year return on $108k initial cash invested.

-3.24%

Cash On Cash

6.24%

Cap Rate

0.94

DSCR

$3,954

Rent

-$292

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,954 income − $4,246 expenses = $292 out of pocket

Income$3,954Out of Pocket$292Mortgage P&I$2,36860%Property Taxes$38410%Insurance$1504%Management$47412%CapEx$1584%Vacancy$1193%Maintenance$1584%Other$43511%

Investment Breakdown

|

Purchase Price

$430k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$85,980

Closing costs

1%

$4,299

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,954

Total Expenses

$4,246

Mortgage P&I

60%

$2,368

Property Taxes

10%

$384

Home Insurance

4%

$150

HOA

0%

$0

Property Management

12%

$474

CapEx

4%

$158

Vacancy

3%

$119

Maintenance

4%

$158

Other

11%

$435

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