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704 Marsac St, Bay City, MI 48708

3 beds • 2 baths • 1600 sqft

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This property might be a fair Mid-Term investment with a projected 9% first-year return on $50,256 initial cash invested.

9%

Cash On Cash

9.93%

Cap Rate

1.57

DSCR

$2,176

Rent

$377

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$154k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,256

Downpayment

20%

$30,720

Closing costs

1%

$1,536

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,176

Total Expenses

$1,799

Mortgage P&I

37%

$807

Property Taxes

9%

$199

Home Insurance

2%

$54

HOA

0%

$0

Property Management

12%

$261

CapEx

4%

$87

Vacancy

3%

$65

Maintenance

4%

$87

Other

11%

$239

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