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$3,312 (target)

3923 Jupiter Ave NE, Grand Rapids, MI 49525

3 beds • 3 baths • 1773 sqft

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This property might be a fair Mid-Term investment with a projected 0.53% first-year return on $87,846 initial cash invested.

0.53%

Cash On Cash

6.58%

Cap Rate

1.1

DSCR

$3,312

Rent

$39

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,312 income − $3,273 expenses = $39 cash flow

Income$3,312Mortgage P&I$1,65450%Property Taxes$37611%Insurance$1194%Management$39712%CapEx$1324%Vacancy$993%Maintenance$1324%Other$36411%Cash Flow$39

Investment Breakdown

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Purchase Price

$333k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,846

Downpayment

20%

$66,520

Closing costs

1%

$3,326

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,312

Total Expenses

$3,273

Mortgage P&I

50%

$1,654

Property Taxes

11%

$376

Home Insurance

4%

$119

HOA

0%

$0

Property Management

12%

$397

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$364

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