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$3,168 (target)

9588 Atwood Rd, Charlevoix, MI 49720

3 beds • 2 baths • 1836 sqft

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This property might be a fair Mid-Term investment with a projected 7.14% first-year return on $74,154 initial cash invested.

7.14%

Cash On Cash

8.81%

Cap Rate

1.41

DSCR

$3,168

Rent

$441

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,168 income − $2,727 expenses = $441 cash flow

Income$3,168Mortgage P&I$1,39644%Property Taxes$1585%Insurance$963%Management$38012%CapEx$1274%Vacancy$953%Maintenance$1274%Other$34811%Cash Flow$441

Investment Breakdown

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Purchase Price

$267k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,154

Downpayment

20%

$53,480

Closing costs

1%

$2,674

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,168

Total Expenses

$2,727

Mortgage P&I

44%

$1,396

Property Taxes

5%

$158

Home Insurance

3%

$96

HOA

0%

$0

Property Management

12%

$380

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$348

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