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$2,457 (target)

525 Owen St, Saginaw, MI 48607

3 beds • 2 baths • 1642 sqft

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This property could be a profitable Mid-Term investment with a projected 44.82% first-year return on $31,650 initial cash invested.

44.82%

Cash On Cash

30.09%

Cap Rate

4.66

DSCR

$2,457

Rent

$1,182

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,457 income − $1,275 expenses = $1,182 cash flow

Income$2,457Mortgage P&I$35014%Property Taxes$673%Insurance$231%Management$29512%CapEx$984%Vacancy$743%Maintenance$984%Other$27011%Cash Flow$1,182

Investment Breakdown

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Purchase Price

$65,000

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,650

Downpayment

20%

$13,000

Closing costs

1%

$650

Rehab

0%

$0

Furnishing

28%

$18,000

Cashflow

Total Income

$2,457

Total Expenses

$1,275

Mortgage P&I

14%

$350

Property Taxes

3%

$67

Home Insurance

1%

$23

HOA

0%

$0

Property Management

12%

$295

CapEx

4%

$98

Vacancy

3%

$74

Maintenance

4%

$98

Other

11%

$270

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