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$3,066 (target)

45850 Private Shore Dr, Chesterfield, MI 48047

3 beds • 3 baths • 3500 sqft

$1,399,900

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This property looks like a bad Mid-Term investment with a projected -23.9% first-year return on $312k initial cash invested.

-23.9%

Cash On Cash

0.96%

Cap Rate

0.16

DSCR

$3,066

Rent

-$6,214

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,066 income − $9,280 expenses = $6,214 out of pocket

Income$3,066Out of Pocket$6,214Mortgage P&I$7,215235%Property Taxes$52217%Insurance$49016%HOA$10Management$36812%CapEx$1234%Vacancy$923%Maintenance$1234%Other$33711%

Investment Breakdown

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Purchase Price

$1400k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$312k

Downpayment

20%

$280k

Closing costs

1%

$13,999

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$3,066

Total Expenses

$9,280

Mortgage P&I

235%

$7,215

Property Taxes

17%

$522

Home Insurance

16%

$490

HOA

0%

$10

Property Management

12%

$368

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$337

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