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6655 Lee Crest Dr, West Bloomfield, MI 48322

3 beds • 2 baths • 1629 sqft

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This property could be a profitable Mid-Term investment with a projected 15.69% first-year return on $70,290 initial cash invested.

15.69%

Cash On Cash

11.48%

Cap Rate

1.82

DSCR

$3,768

Rent

$919

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$249k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,290

Downpayment

20%

$49,800

Closing costs

1%

$2,490

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,768

Total Expenses

$2,849

Mortgage P&I

35%

$1,312

Property Taxes

4%

$169

Home Insurance

2%

$87

HOA

0%

$0

Property Management

12%

$452

CapEx

4%

$151

Vacancy

3%

$113

Maintenance

4%

$151

Other

11%

$414

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