REI Lense

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$1,392 (target)

4270 Shattuck Rd, Saginaw, MI 48603

3 beds • 2 baths • 1688 sqft

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This property looks like a bad Long-Term investment with a projected -12.75% first-year return on $41,790 initial cash invested.

-12.75%

Cash On Cash

4.18%

Cap Rate

0.65

DSCR

$1,392

Rent

-$444

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,392 income − $1,836 expenses = $444 out of pocket

Income$1,392Out of Pocket$444Mortgage P&I$1,06777%Property Taxes$33624%Insurance$705%Management$13910%CapEx$705%Vacancy$846%Maintenance$705%

Investment Breakdown

|

Purchase Price

$199k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,790

Downpayment

20%

$39,800

Closing costs

1%

$1,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,392

Total Expenses

$1,836

Mortgage P&I

77%

$1,067

Property Taxes

24%

$336

Home Insurance

5%

$70

HOA

0%

$0

Property Management

10%

$139

CapEx

5%

$70

Vacancy

6%

$84

Maintenance

5%

$70

Other

0%

$0

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