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$2,166 (target)

3374 Winter St, Saginaw, MI 48604

3 beds • 2 baths • 1922 sqft

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This property could be a profitable Mid-Term investment with a projected 12.39% first-year return on $47,358 initial cash invested.

12.39%

Cash On Cash

11.38%

Cap Rate

1.77

DSCR

$2,166

Rent

$489

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,166 income − $1,677 expenses = $489 cash flow

Income$2,166Mortgage P&I$75035%Property Taxes$1296%Insurance$613%Management$26012%CapEx$874%Vacancy$653%Maintenance$874%Other$23811%Cash Flow$489

Investment Breakdown

|

Purchase Price

$140k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,358

Downpayment

20%

$27,960

Closing costs

1%

$1,398

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,166

Total Expenses

$1,677

Mortgage P&I

35%

$750

Property Taxes

6%

$129

Home Insurance

3%

$61

HOA

0%

$0

Property Management

12%

$260

CapEx

4%

$87

Vacancy

3%

$65

Maintenance

4%

$87

Other

11%

$238

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