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$3,651 (target)

3963 Dayspring Ct, Okemos, MI 48864

3 beds • 2 baths • 2270 sqft

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This property looks like a bad Mid-Term investment with a projected -0.33% first-year return on $93,516 initial cash invested.

-0.33%

Cash On Cash

6.5%

Cap Rate

1.07

DSCR

$3,651

Rent

-$26

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,651 income − $3,677 expenses = $26 out of pocket

Income$3,651Out of Pocket$26Mortgage P&I$1,82950%Property Taxes$47713%Insurance$1294%Management$43812%CapEx$1464%Vacancy$1103%Maintenance$1464%Other$40211%

Investment Breakdown

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Purchase Price

$360k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,516

Downpayment

20%

$71,920

Closing costs

1%

$3,596

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,651

Total Expenses

$3,677

Mortgage P&I

50%

$1,829

Property Taxes

13%

$477

Home Insurance

4%

$129

HOA

0%

$0

Property Management

12%

$438

CapEx

4%

$146

Vacancy

3%

$110

Maintenance

4%

$146

Other

11%

$402

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