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$3,576 (target)

5738 Blaine Ave SE, Kentwood, MI 49508

3 beds • 2 baths • 1704 sqft

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This property might be a fair Mid-Term investment with a projected 2.47% first-year return on $85,578 initial cash invested.

2.47%

Cash On Cash

7.29%

Cap Rate

1.19

DSCR

$3,576

Rent

$176

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,576 income − $3,400 expenses = $176 cash flow

Income$3,576Mortgage P&I$1,63746%Property Taxes$43312%Insurance$1153%Management$42912%CapEx$1434%Vacancy$1073%Maintenance$1434%Other$39311%Cash Flow$176

Investment Breakdown

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Purchase Price

$322k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,578

Downpayment

20%

$64,360

Closing costs

1%

$3,218

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,576

Total Expenses

$3,400

Mortgage P&I

46%

$1,637

Property Taxes

12%

$433

Home Insurance

3%

$115

HOA

0%

$0

Property Management

12%

$429

CapEx

4%

$143

Vacancy

3%

$107

Maintenance

4%

$143

Other

11%

$393

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