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905 Michigan St, Brighton, MI 48116

3 beds • 3 baths • 1804 sqft

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This property looks like a bad Long-Term investment with a projected -7.24% first-year return on $85,071 initial cash invested.

-7.24%

Cash On Cash

4.66%

Cap Rate

0.81

DSCR

$2,718

Rent

-$513

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$405k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,071

Downpayment

20%

$81,020

Closing costs

1%

$4,051

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,718

Total Expenses

$3,231

Mortgage P&I

72%

$1,951

Property Taxes

16%

$435

Home Insurance

5%

$138

HOA

0%

$0

Property Management

10%

$272

CapEx

5%

$136

Vacancy

6%

$163

Maintenance

5%

$136

Other

0%

$0

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