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$2,712 (target)

500 Keddle Rd, Howell, MI 48843

3 beds • 2 baths • 1300 sqft

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This property might be a fair Mid-Term investment with a projected 1.08% first-year return on $78,879 initial cash invested.

1.08%

Cash On Cash

6.77%

Cap Rate

1.12

DSCR

$2,712

Rent

$71

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,712 income − $2,641 expenses = $71 cash flow

Income$2,712Mortgage P&I$1,45654%Property Taxes$1636%Insurance$1024%Management$32512%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29811%Cash Flow$71

Investment Breakdown

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Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,879

Downpayment

20%

$57,980

Closing costs

1%

$2,899

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,712

Total Expenses

$2,641

Mortgage P&I

54%

$1,456

Property Taxes

6%

$163

Home Insurance

4%

$102

HOA

0%

$0

Property Management

12%

$325

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$298

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