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$3,898 (target)

819 W Shiawassee Ave, Fenton, MI 48430

3 beds • 2 baths • 1720 sqft

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This property could be a profitable Mid-Term investment with a projected 13.37% first-year return on $74,868 initial cash invested.

13.37%

Cash On Cash

10.65%

Cap Rate

1.7

DSCR

$3,898

Rent

$834

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,898 income − $3,064 expenses = $834 cash flow

Income$3,898Mortgage P&I$1,41336%Property Taxes$2035%Insurance$1223%Management$46812%CapEx$1564%Vacancy$1173%Maintenance$1564%Other$42911%Cash Flow$834

Investment Breakdown

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Purchase Price

$271k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,868

Downpayment

20%

$54,160

Closing costs

1%

$2,708

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,898

Total Expenses

$3,064

Mortgage P&I

36%

$1,413

Property Taxes

5%

$203

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$468

CapEx

4%

$156

Vacancy

3%

$117

Maintenance

4%

$156

Other

11%

$429

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