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9923 Inkster Rd, Livonia, MI 48150

3 beds • 2 baths • 2176 sqft

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This property might be a fair Long-Term investment with a projected 4.19% first-year return on $46,725 initial cash invested.

4.19%

Cash On Cash

7.69%

Cap Rate

1.23

DSCR

$2,140

Rent

$163

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$223k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,725

Downpayment

20%

$44,500

Closing costs

1%

$2,225

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,140

Total Expenses

$1,977

Mortgage P&I

54%

$1,155

Property Taxes

9%

$189

Home Insurance

4%

$77

HOA

0%

$0

Property Management

10%

$214

CapEx

5%

$107

Vacancy

6%

$128

Maintenance

5%

$107

Other

0%

$0

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Comparable Property

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Beds

Baths

SQFT

Distance

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2

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$2,850

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