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$2,532 (target)

611 Niepoth St, Battle Creek, MI 49014

3 beds • 2 baths • 1616 sqft

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This property might be a fair Mid-Term investment with a projected 2.74% first-year return on $64,767 initial cash invested.

2.74%

Cash On Cash

7.79%

Cap Rate

1.21

DSCR

$2,532

Rent

$148

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,532 income − $2,384 expenses = $148 cash flow

Income$2,532Mortgage P&I$1,19647%Property Taxes$24710%Insurance$803%Management$30412%CapEx$1014%Vacancy$763%Maintenance$1014%Other$27911%Cash Flow$148

Investment Breakdown

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Purchase Price

$223k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,767

Downpayment

20%

$44,540

Closing costs

1%

$2,227

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,532

Total Expenses

$2,384

Mortgage P&I

47%

$1,196

Property Taxes

10%

$247

Home Insurance

3%

$80

HOA

0%

$0

Property Management

12%

$304

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$279

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