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$2,374 (target)

4509 Cadillac Pl, Saginaw, MI 48604

3 beds • 2 baths • 1488 sqft

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This property could be a profitable Mid-Term investment with a projected 11.89% first-year return on $50,466 initial cash invested.

11.89%

Cash On Cash

11.04%

Cap Rate

1.72

DSCR

$2,374

Rent

$500

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,374 income − $1,874 expenses = $500 cash flow

Income$2,374Mortgage P&I$82735%Property Taxes$1918%Insurance$492%Management$28512%CapEx$954%Vacancy$713%Maintenance$954%Other$26111%Cash Flow$500

Investment Breakdown

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Purchase Price

$155k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,466

Downpayment

20%

$30,920

Closing costs

1%

$1,546

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,374

Total Expenses

$1,874

Mortgage P&I

35%

$827

Property Taxes

8%

$191

Home Insurance

2%

$49

HOA

0%

$0

Property Management

12%

$285

CapEx

4%

$95

Vacancy

3%

$71

Maintenance

4%

$95

Other

11%

$261

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