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$3,608 (target)

4364 Heritage Dr, Hudsonville, MI 49426

3 beds • 2 baths • 1800 sqft

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This property might be a fair Mid-Term investment with a projected 0.72% first-year return on $102k initial cash invested.

0.72%

Cash On Cash

6.55%

Cap Rate

1.1

DSCR

$3,608

Rent

$61

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,608 income − $3,547 expenses = $61 cash flow

Income$3,608Mortgage P&I$1,97255%Property Taxes$2096%Insurance$1404%Management$43312%CapEx$1444%Vacancy$1083%Maintenance$1444%Other$39711%Cash Flow$61

Investment Breakdown

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Purchase Price

$399k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,780

Closing costs

1%

$3,989

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,608

Total Expenses

$3,547

Mortgage P&I

55%

$1,972

Property Taxes

6%

$209

Home Insurance

4%

$140

HOA

0%

$0

Property Management

12%

$433

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$397

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