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$2,226 (target)

500 N Hintz Rd, Owosso, MI 48867

3 beds • 2 baths • 2292 sqft

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This property might be a fair Mid-Term investment with a projected 2.56% first-year return on $63,339 initial cash invested.

2.56%

Cash On Cash

7.29%

Cap Rate

1.21

DSCR

$2,226

Rent

$135

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,226 income − $2,091 expenses = $135 cash flow

Income$2,226Mortgage P&I$1,08749%Property Taxes$1446%Insurance$1035%Management$26712%CapEx$894%Vacancy$673%Maintenance$894%Other$24511%Cash Flow$135

Investment Breakdown

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Purchase Price

$216k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,339

Downpayment

20%

$43,180

Closing costs

1%

$2,159

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,226

Total Expenses

$2,091

Mortgage P&I

49%

$1,087

Property Taxes

6%

$144

Home Insurance

5%

$103

HOA

0%

$0

Property Management

12%

$267

CapEx

4%

$89

Vacancy

3%

$67

Maintenance

4%

$89

Other

11%

$245

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