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$4,888 (target)

53908 Lawson Creek Dr, Shelby Township, MI 48316

3 beds • 3 baths • 2355 sqft

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This property looks like a bad Mid-Term investment with a projected -10.5% first-year return on $167k initial cash invested.

-10.5%

Cash On Cash

3.95%

Cap Rate

0.65

DSCR

$4,888

Rent

-$1,462

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,888 income − $6,350 expenses = $1,462 out of pocket

Income$4,888Out of Pocket$1,462Mortgage P&I$3,60174%Property Taxes$79716%Insurance$2485%HOA$401%Management$58712%CapEx$1964%Vacancy$1473%Maintenance$1964%Other$53811%

Investment Breakdown

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Purchase Price

$710k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$167k

Downpayment

20%

$142k

Closing costs

1%

$7,099

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,888

Total Expenses

$6,350

Mortgage P&I

74%

$3,601

Property Taxes

16%

$797

Home Insurance

5%

$248

HOA

1%

$40

Property Management

12%

$587

CapEx

4%

$196

Vacancy

3%

$147

Maintenance

4%

$196

Other

11%

$538

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