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$4,392 (target)

3885 Gaddi Dr, Traverse City, MI 49684

3 beds • 2 baths • 2027 sqft

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This property might be a fair Mid-Term investment with a projected 0.66% first-year return on $116k initial cash invested.

0.66%

Cash On Cash

6.64%

Cap Rate

1.1

DSCR

$4,392

Rent

$64

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,392 income − $4,328 expenses = $64 cash flow

Income$4,392Mortgage P&I$2,35254%Property Taxes$3097%Insurance$1734%Management$52712%CapEx$1764%Vacancy$1323%Maintenance$1764%Other$48311%Cash Flow$64

Investment Breakdown

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Purchase Price

$469k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$93,720

Closing costs

1%

$4,686

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,392

Total Expenses

$4,328

Mortgage P&I

54%

$2,352

Property Taxes

7%

$309

Home Insurance

4%

$173

HOA

0%

$0

Property Management

12%

$527

CapEx

4%

$176

Vacancy

3%

$132

Maintenance

4%

$176

Other

11%

$483

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