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5552 Southlawn Dr, Sterling Heights, MI 48310

3 beds • 3 baths • 2290 sqft

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This property might be a fair Mid-Term investment with a projected 1.65% first-year return on $90,450 initial cash invested.

1.65%

Cash On Cash

6.85%

Cap Rate

1.16

DSCR

$3,556

Rent

$124

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$345k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,450

Downpayment

20%

$69,000

Closing costs

1%

$3,450

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,556

Total Expenses

$3,432

Mortgage P&I

48%

$1,704

Property Taxes

11%

$398

Home Insurance

3%

$121

HOA

0%

$0

Property Management

12%

$427

CapEx

4%

$142

Vacancy

3%

$107

Maintenance

4%

$142

Other

11%

$391

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