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$4,134 (target)

38666 Moravian Dr, Clinton Township, MI 48036

3 beds • 3 baths • 2177 sqft

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This property could be a profitable Mid-Term investment with a projected 14.06% first-year return on $70,500 initial cash invested.

14.06%

Cash On Cash

11.19%

Cap Rate

1.74

DSCR

$4,134

Rent

$826

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,134 income − $3,308 expenses = $826 cash flow

Income$4,134Mortgage P&I$1,34132%Property Taxes$47411%Insurance$882%Management$49612%CapEx$1654%Vacancy$1243%Maintenance$1654%Other$45511%Cash Flow$826

Investment Breakdown

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Purchase Price

$250k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$4,134

Total Expenses

$3,308

Mortgage P&I

32%

$1,341

Property Taxes

11%

$474

Home Insurance

2%

$88

HOA

0%

$0

Property Management

12%

$496

CapEx

4%

$165

Vacancy

3%

$124

Maintenance

4%

$165

Other

11%

$455

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