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$2,990 (target)

3828 Duke St, Kalamazoo, MI 49008

3 beds • 2 baths • 1938 sqft

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This property might be a fair Mid-Term investment with a projected 4.19% first-year return on $71,529 initial cash invested.

4.19%

Cash On Cash

7.67%

Cap Rate

1.29

DSCR

$2,990

Rent

$250

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,990 income − $2,740 expenses = $250 cash flow

Income$2,990Mortgage P&I$1,26042%Property Taxes$34011%Insurance$1224%Management$35912%CapEx$1204%Vacancy$903%Maintenance$1204%Other$32911%Cash Flow$250

Investment Breakdown

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Purchase Price

$255k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,529

Downpayment

20%

$50,980

Closing costs

1%

$2,549

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,990

Total Expenses

$2,740

Mortgage P&I

42%

$1,260

Property Taxes

11%

$340

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$359

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$329

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