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4289 W Erie Rd, Temperance, MI 48182

3 beds • 2 baths • 1562 sqft

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This property might be a fair Mid-Term investment with a projected 7.99% first-year return on $82,470 initial cash invested.

7.99%

Cash On Cash

8.54%

Cap Rate

1.45

DSCR

$3,282

Rent

$549

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$307k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,470

Downpayment

20%

$61,400

Closing costs

1%

$3,070

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,282

Total Expenses

$2,733

Mortgage P&I

46%

$1,506

Property Taxes

0%

$4

Home Insurance

3%

$108

HOA

0%

$0

Property Management

12%

$394

CapEx

4%

$131

Vacancy

3%

$98

Maintenance

4%

$131

Other

11%

$361

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