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$1,610 (target)

8521 Pardee Rd, Taylor, MI 48180

3 beds • 2 baths • 1799 sqft

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This property looks like a bad Long-Term investment with a projected -5.45% first-year return on $41,832 initial cash invested.

-5.45%

Cash On Cash

5.8%

Cap Rate

0.9

DSCR

$1,610

Rent

-$190

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,610 income − $1,800 expenses = $190 out of pocket

Income$1,610Out of Pocket$190Mortgage P&I$1,07267%Property Taxes$24015%Insurance$704%Management$16110%CapEx$805%Vacancy$976%Maintenance$805%

Investment Breakdown

|

Purchase Price

$199k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,832

Downpayment

20%

$39,840

Closing costs

1%

$1,992

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,610

Total Expenses

$1,800

Mortgage P&I

67%

$1,072

Property Taxes

15%

$240

Home Insurance

4%

$70

HOA

0%

$0

Property Management

10%

$161

CapEx

5%

$80

Vacancy

6%

$97

Maintenance

5%

$80

Other

0%

$0

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