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8915 Deering St, Livonia, MI 48150

3 beds • 2 baths • 1443 sqft

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This property looks like a bad Long-Term investment with a projected -5.48% first-year return on $57,624 initial cash invested.

-5.48%

Cash On Cash

5.3%

Cap Rate

0.88

DSCR

$2,030

Rent

-$263

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$274k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,624

Downpayment

20%

$54,880

Closing costs

1%

$2,744

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,030

Total Expenses

$2,293

Mortgage P&I

68%

$1,373

Property Taxes

15%

$302

Home Insurance

4%

$89

HOA

0%

$0

Property Management

10%

$203

CapEx

5%

$102

Vacancy

6%

$122

Maintenance

5%

$102

Other

0%

$0

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