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$3,615 (target)

571 Cristy Ave, Waterford, MI 48328

3 beds • 2 baths • 1679 sqft

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This property might be a fair Mid-Term investment with a projected 9.81% first-year return on $60,945 initial cash invested.

9.81%

Cash On Cash

10.3%

Cap Rate

1.58

DSCR

$3,615

Rent

$498

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,615 income − $3,117 expenses = $498 cash flow

Income$3,615Mortgage P&I$1,11331%Property Taxes$70219%Insurance$722%Management$43412%CapEx$1454%Vacancy$1083%Maintenance$1454%Other$39811%Cash Flow$498

Investment Breakdown

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Purchase Price

$205k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,945

Downpayment

20%

$40,900

Closing costs

1%

$2,045

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,615

Total Expenses

$3,117

Mortgage P&I

31%

$1,113

Property Taxes

19%

$702

Home Insurance

2%

$72

HOA

0%

$0

Property Management

12%

$434

CapEx

4%

$145

Vacancy

3%

$108

Maintenance

4%

$145

Other

11%

$398

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