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$3,694 (target)

5466 Taylor Ln, Clarkston, MI 48346

3 beds • 3 baths • 2576 sqft

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This property might be a fair Mid-Term investment with a projected 1.85% first-year return on $98,535 initial cash invested.

1.85%

Cash On Cash

6.86%

Cap Rate

1.16

DSCR

$3,694

Rent

$152

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,694 income − $3,542 expenses = $152 cash flow

Income$3,694Mortgage P&I$1,89351%Property Taxes$2417%Insurance$1524%Management$44312%CapEx$1484%Vacancy$1113%Maintenance$1484%Other$40611%Cash Flow$152

Investment Breakdown

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Purchase Price

$384k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,535

Downpayment

20%

$76,700

Closing costs

1%

$3,835

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,694

Total Expenses

$3,542

Mortgage P&I

51%

$1,893

Property Taxes

7%

$241

Home Insurance

4%

$152

HOA

0%

$0

Property Management

12%

$443

CapEx

4%

$148

Vacancy

3%

$111

Maintenance

4%

$148

Other

11%

$406

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