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$3,291 (target)

441 N 26th St, Kalamazoo, MI 49048

3 beds • 2 baths • 1380 sqft

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This property could be a profitable Mid-Term investment with a projected 16.93% first-year return on $56,493 initial cash invested.

16.93%

Cash On Cash

12.58%

Cap Rate

1.94

DSCR

$3,291

Rent

$797

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,291 income − $2,494 expenses = $797 cash flow

Income$3,291Mortgage P&I$99230%Property Taxes$35211%Insurance$301%Management$39512%CapEx$1324%Vacancy$993%Maintenance$1324%Other$36211%Cash Flow$797

Investment Breakdown

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Purchase Price

$183k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,493

Downpayment

20%

$36,660

Closing costs

1%

$1,833

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$3,291

Total Expenses

$2,494

Mortgage P&I

30%

$992

Property Taxes

11%

$352

Home Insurance

1%

$30

HOA

0%

$0

Property Management

12%

$395

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$362

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