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$3,032 (target)

9864 Quandt Ave, Allen Park, MI 48101

3 beds • 2 baths • 1020 sqft

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This property could be a profitable Mid-Term investment with a projected 13.31% first-year return on $57,900 initial cash invested.

13.31%

Cash On Cash

11.37%

Cap Rate

1.74

DSCR

$3,032

Rent

$642

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,032 income − $2,390 expenses = $642 cash flow

Income$3,032Mortgage P&I$1,03834%Property Taxes$2558%Insurance$662%Management$36412%CapEx$1214%Vacancy$913%Maintenance$1214%Other$33411%Cash Flow$642

Investment Breakdown

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Purchase Price

$190k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,900

Downpayment

20%

$38,000

Closing costs

1%

$1,900

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,032

Total Expenses

$2,390

Mortgage P&I

34%

$1,038

Property Taxes

8%

$255

Home Insurance

2%

$66

HOA

0%

$0

Property Management

12%

$364

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$334

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