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$2,343 (target)

3715 Shattuck Rd, Saginaw, MI 48603

3 beds • 2 baths • 1117 sqft

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This property might be a fair Mid-Term investment with a projected 1.49% first-year return on $65,229 initial cash invested.

1.49%

Cash On Cash

7.48%

Cap Rate

1.14

DSCR

$2,343

Rent

$81

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,343 income − $2,262 expenses = $81 cash flow

Income$2,343Mortgage P&I$1,22752%Property Taxes$1597%Insurance$793%Management$28112%CapEx$944%Vacancy$703%Maintenance$944%Other$25811%Cash Flow$81

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,229

Downpayment

20%

$44,980

Closing costs

1%

$2,249

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,343

Total Expenses

$2,262

Mortgage P&I

52%

$1,227

Property Taxes

7%

$159

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$281

CapEx

4%

$94

Vacancy

3%

$70

Maintenance

4%

$94

Other

11%

$258

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