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$2,599 (target)

819 W Shiawassee Ave, Fenton, MI 48430

3 beds • 2 baths • 1720 sqft

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This property might be a fair Long-Term investment with a projected 3.9% first-year return on $56,868 initial cash invested.

3.9%

Cash On Cash

7.66%

Cap Rate

1.22

DSCR

$2,599

Rent

$185

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,599 income − $2,414 expenses = $185 cash flow

Income$2,599Mortgage P&I$1,41354%Property Taxes$2038%Insurance$1225%Management$26010%CapEx$1305%Vacancy$1566%Maintenance$1305%Cash Flow$185

Investment Breakdown

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Purchase Price

$271k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,868

Downpayment

20%

$54,160

Closing costs

1%

$2,708

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,599

Total Expenses

$2,414

Mortgage P&I

54%

$1,413

Property Taxes

8%

$203

Home Insurance

5%

$122

HOA

0%

$0

Property Management

10%

$260

CapEx

5%

$130

Vacancy

6%

$156

Maintenance

5%

$130

Other

0%

$0

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