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$3,093 (target)

418 Elm St, Three Rivers, MI 49093

3 beds • 2 baths • 1848 sqft

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This property could be a profitable Mid-Term investment with a projected 13.68% first-year return on $60,252 initial cash invested.

13.68%

Cash On Cash

11.47%

Cap Rate

1.73

DSCR

$3,093

Rent

$687

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,093 income − $2,406 expenses = $687 cash flow

Income$3,093Mortgage P&I$1,11236%Property Taxes$1705%Insurance$722%Management$37112%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34011%Cash Flow$687

Investment Breakdown

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Purchase Price

$201k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,252

Downpayment

20%

$40,240

Closing costs

1%

$2,012

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,093

Total Expenses

$2,406

Mortgage P&I

36%

$1,112

Property Taxes

6%

$170

Home Insurance

2%

$72

HOA

0%

$0

Property Management

12%

$371

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$340

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