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$2,948 (target)

34404 Maynard St, Clinton Township, MI 48035

3 beds • 2 baths • 2310 sqft

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This property might be a fair Mid-Term investment with a projected 1.47% first-year return on $70,269 initial cash invested.

1.47%

Cash On Cash

7.42%

Cap Rate

1.15

DSCR

$2,948

Rent

$86

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,948 income − $2,862 expenses = $86 cash flow

Income$2,948Mortgage P&I$1,33545%Property Taxes$43815%Insurance$873%Management$35412%CapEx$1184%Vacancy$883%Maintenance$1184%Other$32411%Cash Flow$86

Investment Breakdown

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Purchase Price

$249k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,269

Downpayment

20%

$49,780

Closing costs

1%

$2,489

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,948

Total Expenses

$2,862

Mortgage P&I

45%

$1,335

Property Taxes

15%

$438

Home Insurance

3%

$87

HOA

0%

$0

Property Management

12%

$354

CapEx

4%

$118

Vacancy

3%

$88

Maintenance

4%

$118

Other

11%

$324

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