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$1,640 (target)

5580 Tamarix Ln, Saginaw, MI 48603

3 beds • 2 baths • 2110 sqft

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This property looks like a bad Long-Term investment with a projected -8.79% first-year return on $49,434 initial cash invested.

-8.79%

Cash On Cash

4.99%

Cap Rate

0.78

DSCR

$1,640

Rent

-$362

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,640 income − $2,002 expenses = $362 out of pocket

Income$1,640Out of Pocket$362Mortgage P&I$1,25877%Property Taxes$23414%Insurance$845%Management$16410%CapEx$825%Vacancy$986%Maintenance$825%

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,434

Downpayment

20%

$47,080

Closing costs

1%

$2,354

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,640

Total Expenses

$2,002

Mortgage P&I

77%

$1,258

Property Taxes

14%

$234

Home Insurance

5%

$84

HOA

0%

$0

Property Management

10%

$164

CapEx

5%

$82

Vacancy

6%

$98

Maintenance

5%

$82

Other

0%

$0

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