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$3,476 (target)

750 Pine Ave, Holland, MI 49423

3 beds • 2 baths • 1441 sqft

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This property looks like a bad Mid-Term investment with a projected -3.34% first-year return on $102k initial cash invested.

-3.34%

Cash On Cash

5.83%

Cap Rate

0.93

DSCR

$3,476

Rent

-$284

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,476 income − $3,760 expenses = $284 out of pocket

Income$3,476Out of Pocket$284Mortgage P&I$2,08760%Property Taxes$35210%Insurance$1404%Management$41712%CapEx$1394%Vacancy$1043%Maintenance$1394%Other$38211%

Investment Breakdown

|

Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,980

Closing costs

1%

$3,999

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,476

Total Expenses

$3,760

Mortgage P&I

60%

$2,087

Property Taxes

10%

$352

Home Insurance

4%

$140

HOA

0%

$0

Property Management

12%

$417

CapEx

4%

$139

Vacancy

3%

$104

Maintenance

4%

$139

Other

11%

$382

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