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$2,492 (target)

35519 Hazelwood St, Westland, MI 48186

3 beds • 2 baths • 1200 sqft

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This property might be a fair Mid-Term investment with a projected 6.92% first-year return on $58,950 initial cash invested.

6.92%

Cash On Cash

9.01%

Cap Rate

1.43

DSCR

$2,492

Rent

$340

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,492 income − $2,152 expenses = $340 cash flow

Income$2,492Mortgage P&I$1,02441%Property Taxes$2129%Insurance$683%Management$29912%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27411%Cash Flow$340

Investment Breakdown

|

Purchase Price

$195k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,950

Downpayment

20%

$39,000

Closing costs

1%

$1,950

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,492

Total Expenses

$2,152

Mortgage P&I

41%

$1,024

Property Taxes

9%

$212

Home Insurance

3%

$68

HOA

0%

$0

Property Management

12%

$299

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$274

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