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$1,638 (target)

525 Owen St, Saginaw, MI 48607

3 beds • 2 baths • 1642 sqft

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This property could be a profitable Long-Term investment with a projected 67.87% first-year return on $13,650 initial cash invested.

67.87%

Cash On Cash

22.23%

Cap Rate

3.44

DSCR

$1,638

Rent

$772

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,638 income − $866 expenses = $772 cash flow

Income$1,638Mortgage P&I$35021%Property Taxes$674%Insurance$231%Management$16410%CapEx$825%Vacancy$986%Maintenance$825%Cash Flow$772

Investment Breakdown

|

Purchase Price

$65,000

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$13,650

Downpayment

20%

$13,000

Closing costs

1%

$650

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,638

Total Expenses

$866

Mortgage P&I

21%

$350

Property Taxes

4%

$67

Home Insurance

1%

$23

HOA

0%

$0

Property Management

10%

$164

CapEx

5%

$82

Vacancy

6%

$98

Maintenance

5%

$82

Other

0%

$0

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