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$3,267 (target)

7993 Mohawk Trl, Temperance, MI 48182

3 beds • 2 baths • 1978 sqft

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This property might be a fair Mid-Term investment with a projected 4.98% first-year return on $77,346 initial cash invested.

4.98%

Cash On Cash

8.2%

Cap Rate

1.31

DSCR

$3,267

Rent

$321

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,267 income − $2,946 expenses = $321 cash flow

Income$3,267Mortgage P&I$1,47845%Property Taxes$31510%Insurance$421%Management$39212%CapEx$1314%Vacancy$983%Maintenance$1314%Other$35911%Cash Flow$321

Investment Breakdown

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Purchase Price

$283k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,346

Downpayment

20%

$56,520

Closing costs

1%

$2,826

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,267

Total Expenses

$2,946

Mortgage P&I

45%

$1,478

Property Taxes

10%

$315

Home Insurance

1%

$42

HOA

0%

$0

Property Management

12%

$392

CapEx

4%

$131

Vacancy

3%

$98

Maintenance

4%

$131

Other

11%

$359

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