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8957 Crown St, Livonia, MI 48150

3 beds • 2 baths • 1861 sqft

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This property might be a fair Long-Term investment with a projected 4.16% first-year return on $46,200 initial cash invested.

4.16%

Cash On Cash

7.83%

Cap Rate

1.24

DSCR

$2,340

Rent

$160

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$220k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,200

Downpayment

20%

$44,000

Closing costs

1%

$2,200

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,340

Total Expenses

$2,180

Mortgage P&I

49%

$1,158

Property Taxes

14%

$337

Home Insurance

3%

$77

HOA

0%

$0

Property Management

10%

$234

CapEx

5%

$117

Vacancy

6%

$140

Maintenance

5%

$117

Other

0%

$0

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Comparable Property

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$2,850

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