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$2,246 (target)

413 Waller St, Saginaw, MI 48602

3 beds • 2 baths • 1748 sqft

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This property could be a profitable Mid-Term investment with a projected 20.02% first-year return on $39,630 initial cash invested.

20.02%

Cash On Cash

15.22%

Cap Rate

2.35

DSCR

$2,246

Rent

$661

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,246 income − $1,585 expenses = $661 cash flow

Income$2,246Mortgage P&I$55525%Property Taxes$22610%Insurance$402%Management$27012%CapEx$904%Vacancy$673%Maintenance$904%Other$24711%Cash Flow$661

Investment Breakdown

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Purchase Price

$103k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,630

Downpayment

20%

$20,600

Closing costs

1%

$1,030

Rehab

0%

$0

Furnishing

17%

$18,000

Cashflow

Total Income

$2,246

Total Expenses

$1,585

Mortgage P&I

25%

$555

Property Taxes

10%

$226

Home Insurance

2%

$40

HOA

0%

$0

Property Management

12%

$270

CapEx

4%

$90

Vacancy

3%

$67

Maintenance

4%

$90

Other

11%

$247

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