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$4,944 (target)

54311 Lawson Creek Dr, Shelby Township, MI 48316

3 beds • 3 baths • 2469 sqft

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This property looks like a bad Mid-Term investment with a projected -9.94% first-year return on $164k initial cash invested.

-9.94%

Cash On Cash

4.03%

Cap Rate

0.67

DSCR

$4,944

Rent

-$1,360

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,944 income − $6,304 expenses = $1,360 out of pocket

Income$4,944Out of Pocket$1,360Mortgage P&I$3,50071%Property Taxes$83517%Insurance$2485%HOA$401%Management$59312%CapEx$1984%Vacancy$1483%Maintenance$1984%Other$54411%

Investment Breakdown

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Purchase Price

$697k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$164k

Downpayment

20%

$139k

Closing costs

1%

$6,965

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,944

Total Expenses

$6,304

Mortgage P&I

71%

$3,500

Property Taxes

17%

$835

Home Insurance

5%

$248

HOA

1%

$40

Property Management

12%

$593

CapEx

4%

$198

Vacancy

3%

$148

Maintenance

4%

$198

Other

11%

$544

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