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$3,363 (target)

801 S Ausable Trl, Grayling, MI 49738

3 beds • 2 baths • 1856 sqft

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This property might be a fair Mid-Term investment with a projected 7.24% first-year return on $80,538 initial cash invested.

7.24%

Cash On Cash

8.43%

Cap Rate

1.42

DSCR

$3,363

Rent

$486

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,363 income − $2,877 expenses = $486 cash flow

Income$3,363Mortgage P&I$1,47044%Property Taxes$1404%Insurance$1224%Management$40412%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37011%Cash Flow$486

Investment Breakdown

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Purchase Price

$298k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,538

Downpayment

20%

$59,560

Closing costs

1%

$2,978

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,363

Total Expenses

$2,877

Mortgage P&I

44%

$1,470

Property Taxes

4%

$140

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$404

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$370

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