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$3,271 (target)

761 Thayer Blvd, Northville, MI 48167

3 beds • 3 baths • 2806 sqft

$1,200,000

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This property looks like a bad Long-Term investment with a projected -23.52% first-year return on $252k initial cash invested.

-23.52%

Cash On Cash

1.25%

Cap Rate

0.21

DSCR

$3,271

Rent

-$4,939

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,271 income − $8,210 expenses = $4,939 out of pocket

Income$3,271Out of Pocket$4,939Mortgage P&I$6,029184%Property Taxes$91028%Insurance$42013%Management$32710%CapEx$1645%Vacancy$1966%Maintenance$1645%

Investment Breakdown

|

Purchase Price

$1200k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$252k

Downpayment

20%

$240k

Closing costs

1%

$12,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,271

Total Expenses

$8,210

Mortgage P&I

184%

$6,029

Property Taxes

28%

$910

Home Insurance

13%

$420

HOA

0%

$0

Property Management

10%

$327

CapEx

5%

$164

Vacancy

6%

$196

Maintenance

5%

$164

Other

0%

$0

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