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$3,704 (target)

8300 Pacton Dr, Shelby Township, MI 48317

3 beds • 2 baths • 1714 sqft

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This property might be a fair Mid-Term investment with a projected 8.54% first-year return on $79,362 initial cash invested.

8.54%

Cash On Cash

9.08%

Cap Rate

1.48

DSCR

$3,704

Rent

$565

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,704 income − $3,139 expenses = $565 cash flow

Income$3,704Mortgage P&I$1,49740%Property Taxes$2677%Insurance$1173%Management$44412%CapEx$1484%Vacancy$1113%Maintenance$1484%Other$40711%Cash Flow$565

Investment Breakdown

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Purchase Price

$292k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,362

Downpayment

20%

$58,440

Closing costs

1%

$2,922

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,704

Total Expenses

$3,139

Mortgage P&I

40%

$1,497

Property Taxes

7%

$267

Home Insurance

3%

$117

HOA

0%

$0

Property Management

12%

$444

CapEx

4%

$148

Vacancy

3%

$111

Maintenance

4%

$148

Other

11%

$407

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