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$2,871 (target)

4118 Michigan AVENUE, Manitowoc, WI 54220

3 beds • 2 baths • 2220 sqft

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This property might be a fair Mid-Term investment with a projected 2.14% first-year return on $76,401 initial cash invested.

2.14%

Cash On Cash

7.09%

Cap Rate

1.18

DSCR

$2,871

Rent

$136

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,871 income − $2,735 expenses = $136 cash flow

Income$2,871Mortgage P&I$1,39248%Property Taxes$2669%Insurance$1003%Management$34512%CapEx$1154%Vacancy$863%Maintenance$1154%Other$31611%Cash Flow$136

Investment Breakdown

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Purchase Price

$278k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,401

Downpayment

20%

$55,620

Closing costs

1%

$2,781

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,871

Total Expenses

$2,735

Mortgage P&I

48%

$1,392

Property Taxes

9%

$266

Home Insurance

3%

$100

HOA

0%

$0

Property Management

12%

$345

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$316

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