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$2,074 (target)

6838 Williams Trl, Grayling, MI 49738

3 beds • 2 baths • 1504 sqft

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This property might be a fair Mid-Term investment with a projected 6.79% first-year return on $52,986 initial cash invested.

6.79%

Cash On Cash

8.82%

Cap Rate

1.46

DSCR

$2,074

Rent

$300

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,074 income − $1,774 expenses = $300 cash flow

Income$2,074Mortgage P&I$84141%Property Taxes$1246%Insurance$1045%Management$24912%CapEx$834%Vacancy$623%Maintenance$834%Other$22811%Cash Flow$300

Investment Breakdown

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Purchase Price

$167k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,986

Downpayment

20%

$33,320

Closing costs

1%

$1,666

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,074

Total Expenses

$1,774

Mortgage P&I

41%

$841

Property Taxes

6%

$124

Home Insurance

5%

$104

HOA

0%

$0

Property Management

12%

$249

CapEx

4%

$83

Vacancy

3%

$62

Maintenance

4%

$83

Other

11%

$228

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