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$1,641 (target)

909 Clinton Ave, Kalamazoo, MI 49001

3 beds • 2 baths • 1480 sqft

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This property could be a profitable Long-Term investment with a projected 19.13% first-year return on $25,788 initial cash invested.

19.13%

Cash On Cash

11.23%

Cap Rate

1.75

DSCR

$1,641

Rent

$411

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,641 income − $1,230 expenses = $411 cash flow

Income$1,641Mortgage P&I$65640%Property Taxes$1066%Insurance$423%Management$16410%CapEx$825%Vacancy$986%Maintenance$825%Cash Flow$411

Investment Breakdown

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Purchase Price

$123k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$25,788

Downpayment

20%

$24,560

Closing costs

1%

$1,228

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,641

Total Expenses

$1,230

Mortgage P&I

40%

$656

Property Taxes

6%

$106

Home Insurance

3%

$42

HOA

0%

$0

Property Management

10%

$164

CapEx

5%

$82

Vacancy

6%

$98

Maintenance

5%

$82

Other

0%

$0

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