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$3,446 (target)

3894 Jennings Dr, Troy, MI 48083

3 beds • 2 baths • 1395 sqft

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This property looks like a bad Mid-Term investment with a projected -3.13% first-year return on $88,497 initial cash invested.

-3.13%

Cash On Cash

5.77%

Cap Rate

0.95

DSCR

$3,446

Rent

-$231

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,446 income − $3,677 expenses = $231 out of pocket

Income$3,446Out of Pocket$231Mortgage P&I$1,70750%Property Taxes$67620%Insurance$1224%Management$41412%CapEx$1384%Vacancy$1033%Maintenance$1384%Other$37911%

Investment Breakdown

|

Purchase Price

$336k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,497

Downpayment

20%

$67,140

Closing costs

1%

$3,357

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,446

Total Expenses

$3,677

Mortgage P&I

50%

$1,707

Property Taxes

20%

$676

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$414

CapEx

4%

$138

Vacancy

3%

$103

Maintenance

4%

$138

Other

11%

$379

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