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$2,588 (target)

5910 E Baseline Rd, Mount Pleasant, MI 48858

3 beds • 2 baths • 1544 sqft

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This property might be a fair Mid-Term investment with a projected 8.28% first-year return on $59,286 initial cash invested.

8.28%

Cash On Cash

9.66%

Cap Rate

1.48

DSCR

$2,588

Rent

$409

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,588 income − $2,179 expenses = $409 cash flow

Income$2,588Mortgage P&I$1,06941%Property Taxes$1586%Insurance$703%Management$31112%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28511%Cash Flow$409

Investment Breakdown

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Purchase Price

$197k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,286

Downpayment

20%

$39,320

Closing costs

1%

$1,966

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,588

Total Expenses

$2,179

Mortgage P&I

41%

$1,069

Property Taxes

6%

$158

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$311

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$285

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