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$2,721 (target)

7676 Southmoor Dr, Monroe, MI 48161

3 beds • 2 baths • 1660 sqft

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This property looks like a bad Mid-Term investment with a projected -5.52% first-year return on $93,012 initial cash invested.

-5.52%

Cash On Cash

5.01%

Cap Rate

0.82

DSCR

$2,721

Rent

-$428

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,721 income − $3,149 expenses = $428 out of pocket

Income$2,721Out of Pocket$428Mortgage P&I$1,81167%Property Taxes$28210%Insurance$1305%Management$32712%CapEx$1094%Vacancy$823%Maintenance$1094%Other$29911%

Investment Breakdown

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Purchase Price

$357k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,012

Downpayment

20%

$71,440

Closing costs

1%

$3,572

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,721

Total Expenses

$3,149

Mortgage P&I

67%

$1,811

Property Taxes

10%

$282

Home Insurance

5%

$130

HOA

0%

$0

Property Management

12%

$327

CapEx

4%

$109

Vacancy

3%

$82

Maintenance

4%

$109

Other

11%

$299

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