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$3,945 (target)

705 W Geneva Dr, Dewitt, MI 48820

3 beds • 3 baths • 2550 sqft

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This property looks like a bad Mid-Term investment with a projected -8.23% first-year return on $117k initial cash invested.

-8.23%

Cash On Cash

4.44%

Cap Rate

0.73

DSCR

$3,945

Rent

-$804

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,945 income − $4,749 expenses = $804 out of pocket

Income$3,945Out of Pocket$804Mortgage P&I$2,39461%Property Taxes$73419%Insurance$2807%Management$47312%CapEx$1584%Vacancy$1183%Maintenance$1584%Other$43411%

Investment Breakdown

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Purchase Price

$472k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$94,440

Closing costs

1%

$4,722

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,945

Total Expenses

$4,749

Mortgage P&I

61%

$2,394

Property Taxes

19%

$734

Home Insurance

7%

$280

HOA

0%

$0

Property Management

12%

$473

CapEx

4%

$158

Vacancy

3%

$118

Maintenance

4%

$158

Other

11%

$434

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