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$4,059 (target)

4568 Brookmeadow Ct SE, Kentwood, MI 49512

3 beds • 3 baths • 2398 sqft

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This property might be a fair Mid-Term investment with a projected 2.08% first-year return on $100k initial cash invested.

2.08%

Cash On Cash

7%

Cap Rate

1.17

DSCR

$4,059

Rent

$174

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,059 income − $3,885 expenses = $174 cash flow

Income$4,059Mortgage P&I$1,94748%Property Taxes$40410%Insurance$1403%HOA$15Management$48712%CapEx$1624%Vacancy$1223%Maintenance$1624%Other$44611%Cash Flow$174

Investment Breakdown

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Purchase Price

$392k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$100k

Downpayment

20%

$78,320

Closing costs

1%

$3,916

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,059

Total Expenses

$3,885

Mortgage P&I

48%

$1,947

Property Taxes

10%

$404

Home Insurance

3%

$140

HOA

0%

$15

Property Management

12%

$487

CapEx

4%

$162

Vacancy

3%

$122

Maintenance

4%

$162

Other

11%

$446

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