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$3,946 (target)

9632 Woodlawn Dr, Portage, MI 49002

3 beds • 2 baths • 1590 sqft

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This property looks like a bad Mid-Term investment with a projected -2.89% first-year return on $98,892 initial cash invested.

-2.89%

Cash On Cash

6.4%

Cap Rate

0.96

DSCR

$3,946

Rent

-$238

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,946 income − $4,184 expenses = $238 out of pocket

Income$3,946Out of Pocket$238Mortgage P&I$2,13454%Property Taxes$57014%Insurance$1383%Management$47412%CapEx$1584%Vacancy$1183%Maintenance$1584%Other$43411%

Investment Breakdown

|

Purchase Price

$385k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,892

Downpayment

20%

$77,040

Closing costs

1%

$3,852

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,946

Total Expenses

$4,184

Mortgage P&I

54%

$2,134

Property Taxes

14%

$570

Home Insurance

4%

$138

HOA

0%

$0

Property Management

12%

$474

CapEx

4%

$158

Vacancy

3%

$118

Maintenance

4%

$158

Other

11%

$434

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