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$3,699 (target)

8112 72nd Ave, Hudsonville, MI 49426

3 beds • 2 baths • 1416 sqft

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This property might be a fair Mid-Term investment with a projected 0.07% first-year return on $107k initial cash invested.

0.07%

Cash On Cash

6.54%

Cap Rate

1.07

DSCR

$3,699

Rent

$6

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,699 income − $3,693 expenses = $6 cash flow

Income$3,699Mortgage P&I$2,16459%Property Taxes$1223%Insurance$1494%Management$44412%CapEx$1484%Vacancy$1113%Maintenance$1484%Other$40711%Cash Flow$6

Investment Breakdown

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Purchase Price

$425k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$85,000

Closing costs

1%

$4,250

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,699

Total Expenses

$3,693

Mortgage P&I

59%

$2,164

Property Taxes

3%

$122

Home Insurance

4%

$149

HOA

0%

$0

Property Management

12%

$444

CapEx

4%

$148

Vacancy

3%

$111

Maintenance

4%

$148

Other

11%

$407

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