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$4,560 (target)

915 Main St, Fenton, MI 48430

3 beds • 3 baths • 1757 sqft

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This property might be a fair Mid-Term investment with a projected 5.53% first-year return on $97,569 initial cash invested.

5.53%

Cash On Cash

8.15%

Cap Rate

1.33

DSCR

$4,560

Rent

$450

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,560 income − $4,110 expenses = $450 cash flow

Income$4,560Mortgage P&I$1,94143%Property Taxes$48411%Insurance$1353%Management$54712%CapEx$1824%Vacancy$1373%Maintenance$1824%Other$50211%Cash Flow$450

Investment Breakdown

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Purchase Price

$379k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,569

Downpayment

20%

$75,780

Closing costs

1%

$3,789

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,560

Total Expenses

$4,110

Mortgage P&I

43%

$1,941

Property Taxes

11%

$484

Home Insurance

3%

$135

HOA

0%

$0

Property Management

12%

$547

CapEx

4%

$182

Vacancy

3%

$137

Maintenance

4%

$182

Other

11%

$502

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