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$3,963 (target)

7174 Meadowvue Dr, Grand Blanc, MI 48439

3 beds • 3 baths • 2189 sqft

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This property could be a profitable Mid-Term investment with a projected 12.51% first-year return on $73,293 initial cash invested.

12.51%

Cash On Cash

10.3%

Cap Rate

1.69

DSCR

$3,963

Rent

$764

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,963 income − $3,199 expenses = $764 cash flow

Income$3,963Mortgage P&I$1,33734%Property Taxes$38310%Insurance$1303%Management$47612%CapEx$1594%Vacancy$1193%Maintenance$1594%Other$43611%Cash Flow$764

Investment Breakdown

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Purchase Price

$263k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,293

Downpayment

20%

$52,660

Closing costs

1%

$2,633

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,963

Total Expenses

$3,199

Mortgage P&I

34%

$1,337

Property Taxes

10%

$383

Home Insurance

3%

$130

HOA

0%

$0

Property Management

12%

$476

CapEx

4%

$159

Vacancy

3%

$119

Maintenance

4%

$159

Other

11%

$436

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