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$8,978 (target)

5358 S 49th Rd, Cadillac, MI 49601

3 beds • 4 baths • 2920 sqft

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This property could be a profitable Mid-Term investment with a projected 29.53% first-year return on $119k initial cash invested.

29.53%

Cash On Cash

14.24%

Cap Rate

2.36

DSCR

$8,978

Rent

$2,918

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$8,978 income − $6,060 expenses = $2,918 cash flow

Income$8,978Mortgage P&I$2,40627%Property Taxes$4295%Insurance$1732%Management$1,07712%CapEx$3594%Vacancy$2693%Maintenance$3594%Other$98811%Cash Flow$2,918

Investment Breakdown

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Purchase Price

$479k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$95,780

Closing costs

1%

$4,789

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$8,978

Total Expenses

$6,060

Mortgage P&I

27%

$2,406

Property Taxes

5%

$429

Home Insurance

2%

$173

HOA

0%

$0

Property Management

12%

$1,077

CapEx

4%

$359

Vacancy

3%

$269

Maintenance

4%

$359

Other

11%

$988

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