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$3,414 (target)

4211 Maplewood Meadows Ave, Grand Blanc, MI 48439

3 beds • 2 baths • 1615 sqft

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This property might be a fair Mid-Term investment with a projected 1.15% first-year return on $86,607 initial cash invested.

1.15%

Cash On Cash

6.9%

Cap Rate

1.13

DSCR

$3,414

Rent

$83

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,414 income − $3,331 expenses = $83 cash flow

Income$3,414Mortgage P&I$1,65949%Property Taxes$39412%Insurance$1163%Management$41012%CapEx$1374%Vacancy$1023%Maintenance$1374%Other$37611%Cash Flow$83

Investment Breakdown

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Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,607

Downpayment

20%

$65,340

Closing costs

1%

$3,267

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,414

Total Expenses

$3,331

Mortgage P&I

49%

$1,659

Property Taxes

12%

$394

Home Insurance

3%

$116

HOA

0%

$0

Property Management

12%

$410

CapEx

4%

$137

Vacancy

3%

$102

Maintenance

4%

$137

Other

11%

$376

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