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$4,642 (target)

755 S Rusch Rd, Traverse City, MI 49696

3 beds • 2 baths • 1303 sqft

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This property might be a fair Mid-Term investment with a projected 3.25% first-year return on $115k initial cash invested.

3.25%

Cash On Cash

7.31%

Cap Rate

1.22

DSCR

$4,642

Rent

$310

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,642 income − $4,332 expenses = $310 cash flow

Income$4,642Mortgage P&I$2,30550%Property Taxes$3067%Insurance$1423%Management$55712%CapEx$1864%Vacancy$1393%Maintenance$1864%Other$51111%Cash Flow$310

Investment Breakdown

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Purchase Price

$460k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$92,020

Closing costs

1%

$4,601

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,642

Total Expenses

$4,332

Mortgage P&I

50%

$2,305

Property Taxes

7%

$306

Home Insurance

3%

$142

HOA

0%

$0

Property Management

12%

$557

CapEx

4%

$186

Vacancy

3%

$139

Maintenance

4%

$186

Other

11%

$511

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