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$3,658 (target)

61346 Dean Dr, South Lyon, MI 48178

3 beds • 2 baths • 1532 sqft

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This property looks like a bad Mid-Term investment with a projected -5.52% first-year return on $97,233 initial cash invested.

-5.52%

Cash On Cash

5.72%

Cap Rate

0.86

DSCR

$3,658

Rent

-$447

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,658 income − $4,105 expenses = $447 out of pocket

Income$3,658Out of Pocket$447Mortgage P&I$2,10157%Property Taxes$63317%Insurance$1283%Management$43912%CapEx$1464%Vacancy$1103%Maintenance$1464%Other$40211%

Investment Breakdown

|

Purchase Price

$377k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,233

Downpayment

20%

$75,460

Closing costs

1%

$3,773

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,658

Total Expenses

$4,105

Mortgage P&I

57%

$2,101

Property Taxes

17%

$633

Home Insurance

4%

$128

HOA

0%

$0

Property Management

12%

$439

CapEx

4%

$146

Vacancy

3%

$110

Maintenance

4%

$146

Other

11%

$402

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