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$3,130 (target)

7576 Leelanau Trl, Gaylord, MI 49735

3 beds • 2 baths • 1525 sqft

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This property looks like a bad Mid-Term investment with a projected -4.46% first-year return on $94,944 initial cash invested.

-4.46%

Cash On Cash

5.49%

Cap Rate

0.88

DSCR

$3,130

Rent

-$353

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,130 income − $3,483 expenses = $353 out of pocket

Income$3,130Out of Pocket$353Mortgage P&I$1,90361%Property Taxes$34211%Insurance$1334%HOA$411%Management$37612%CapEx$1254%Vacancy$943%Maintenance$1254%Other$34411%

Investment Breakdown

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Purchase Price

$366k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,944

Downpayment

20%

$73,280

Closing costs

1%

$3,664

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,130

Total Expenses

$3,483

Mortgage P&I

61%

$1,903

Property Taxes

11%

$342

Home Insurance

4%

$133

HOA

1%

$41

Property Management

12%

$376

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$344

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