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$3,654 (target)

4614 Country Hill Dr SE, Kentwood, MI 49512

3 beds • 2 baths • 1416 sqft

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This property might be a fair Mid-Term investment with a projected 0.24% first-year return on $91,857 initial cash invested.

0.24%

Cash On Cash

6.55%

Cap Rate

1.09

DSCR

$3,654

Rent

$18

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,654 income − $3,636 expenses = $18 cash flow

Income$3,654Mortgage P&I$1,75748%Property Taxes$49714%Insurance$1263%HOA$14Management$43812%CapEx$1464%Vacancy$1103%Maintenance$1464%Other$40211%Cash Flow$18

Investment Breakdown

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Purchase Price

$352k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,857

Downpayment

20%

$70,340

Closing costs

1%

$3,517

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,654

Total Expenses

$3,636

Mortgage P&I

48%

$1,757

Property Taxes

14%

$497

Home Insurance

3%

$126

HOA

0%

$14

Property Management

12%

$438

CapEx

4%

$146

Vacancy

3%

$110

Maintenance

4%

$146

Other

11%

$402

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