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$4,436 (target)

41575 Pheasant Creek Dr, Canton, MI 48188

3 beds • 3 baths • 1931 sqft

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This property looks like a bad Mid-Term investment with a projected -2.21% first-year return on $117k initial cash invested.

-2.21%

Cash On Cash

5.88%

Cap Rate

0.98

DSCR

$4,436

Rent

-$216

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,436 income − $4,652 expenses = $216 out of pocket

Income$4,436Out of Pocket$216Mortgage P&I$2,35953%Property Taxes$58413%Insurance$1754%HOA$271%Management$53212%CapEx$1774%Vacancy$1333%Maintenance$1774%Other$48811%

Investment Breakdown

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Purchase Price

$473k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$94,620

Closing costs

1%

$4,731

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,436

Total Expenses

$4,652

Mortgage P&I

53%

$2,359

Property Taxes

13%

$584

Home Insurance

4%

$175

HOA

1%

$27

Property Management

12%

$532

CapEx

4%

$177

Vacancy

3%

$133

Maintenance

4%

$177

Other

11%

$488

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