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$3,513 (target)

6579 Centennial Dr, Temperance, MI 48182

3 beds • 3 baths • 1843 sqft

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This property might be a fair Mid-Term investment with a projected 5.35% first-year return on $85,221 initial cash invested.

5.35%

Cash On Cash

7.92%

Cap Rate

1.33

DSCR

$3,513

Rent

$380

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,513 income − $3,133 expenses = $380 cash flow

Income$3,513Mortgage P&I$1,59245%Property Taxes$2327%Insurance$1143%Management$42212%CapEx$1414%Vacancy$1053%Maintenance$1414%Other$38611%Cash Flow$380

Investment Breakdown

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Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,221

Downpayment

20%

$64,020

Closing costs

1%

$3,201

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,513

Total Expenses

$3,133

Mortgage P&I

45%

$1,592

Property Taxes

7%

$232

Home Insurance

3%

$114

HOA

0%

$0

Property Management

12%

$422

CapEx

4%

$141

Vacancy

3%

$105

Maintenance

4%

$141

Other

11%

$386

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