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$3,456 (target)

3555 Murl Ave, Muskegon, MI 49442

3 beds • 2 baths • 2868 sqft

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This property might be a fair Mid-Term investment with a projected 2.65% first-year return on $89,736 initial cash invested.

2.65%

Cash On Cash

7.41%

Cap Rate

1.19

DSCR

$3,456

Rent

$198

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,456 income − $3,258 expenses = $198 cash flow

Income$3,456Mortgage P&I$1,77451%Property Taxes$1875%Insurance$1224%Management$41512%CapEx$1384%Vacancy$1043%Maintenance$1384%Other$38011%Cash Flow$198

Investment Breakdown

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Purchase Price

$342k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,736

Downpayment

20%

$68,320

Closing costs

1%

$3,416

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,456

Total Expenses

$3,258

Mortgage P&I

51%

$1,774

Property Taxes

5%

$187

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$415

CapEx

4%

$138

Vacancy

3%

$104

Maintenance

4%

$138

Other

11%

$380

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