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3499 E Carpenter Rd, Flint, MI 48506

4 beds • 1 baths • 1575 sqft

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This property looks like a bad Long-Term investment with a projected -7.18% first-year return on $37,779 initial cash invested.

-7.18%

Cash On Cash

5.24%

Cap Rate

0.83

DSCR

$1,260

Rent

-$226

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$180k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,779

Downpayment

20%

$35,980

Closing costs

1%

$1,799

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,260

Total Expenses

$1,486

Mortgage P&I

75%

$948

Property Taxes

12%

$147

Home Insurance

5%

$63

HOA

0%

$0

Property Management

10%

$126

CapEx

5%

$63

Vacancy

6%

$76

Maintenance

5%

$63

Other

0%

$0

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