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$3,518 (target)

8245 Fenton Rd, Grand Blanc, MI 48439

3 beds • 2 baths • 1724 sqft

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This property might be a fair Mid-Term investment with a projected 9.75% first-year return on $70,500 initial cash invested.

9.75%

Cash On Cash

9.83%

Cap Rate

1.54

DSCR

$3,518

Rent

$573

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,518 income − $2,945 expenses = $573 cash flow

Income$3,518Mortgage P&I$1,33438%Property Taxes$3269%Insurance$883%Management$42212%CapEx$1414%Vacancy$1063%Maintenance$1414%Other$38711%Cash Flow$573

Investment Breakdown

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Purchase Price

$250k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,518

Total Expenses

$2,945

Mortgage P&I

38%

$1,334

Property Taxes

9%

$326

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$422

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$387

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