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$2,846 (target)

6758 Windflower Way, Muskegon, MI 49444

3 beds • 3 baths • 1484 sqft

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This property looks like a bad Mid-Term investment with a projected -11.62% first-year return on $114k initial cash invested.

-11.62%

Cash On Cash

3.32%

Cap Rate

0.56

DSCR

$2,846

Rent

-$1,106

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,846 income − $3,952 expenses = $1,106 out of pocket

Income$2,846Out of Pocket$1,106Mortgage P&I$2,26279%Property Taxes$51218%Insurance$1756%HOA$351%Management$34212%CapEx$1144%Vacancy$853%Maintenance$1144%Other$31311%

Investment Breakdown

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Purchase Price

$458k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$91,680

Closing costs

1%

$4,584

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,846

Total Expenses

$3,952

Mortgage P&I

79%

$2,262

Property Taxes

18%

$512

Home Insurance

6%

$175

HOA

1%

$35

Property Management

12%

$342

CapEx

4%

$114

Vacancy

3%

$85

Maintenance

4%

$114

Other

11%

$313

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