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$3,372 (target)

5100 Meadow Crest Cir, Holly, MI 48442

3 beds • 3 baths • 1482 sqft

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This property might be a fair Mid-Term investment with a projected 3.18% first-year return on $82,281 initial cash invested.

3.18%

Cash On Cash

7.37%

Cap Rate

1.23

DSCR

$3,372

Rent

$218

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,372 income − $3,154 expenses = $218 cash flow

Income$3,372Mortgage P&I$1,52845%Property Taxes$35010%Insurance$1083%HOA$211%Management$40512%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37111%Cash Flow$218

Investment Breakdown

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Purchase Price

$306k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,281

Downpayment

20%

$61,220

Closing costs

1%

$3,061

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,372

Total Expenses

$3,154

Mortgage P&I

45%

$1,528

Property Taxes

10%

$350

Home Insurance

3%

$108

HOA

1%

$21

Property Management

12%

$405

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$371

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