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$5,844 (target)

10073 Silver Lake Rd, Brighton, MI 48116

3 beds • 3 baths • 2904 sqft

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This property looks like a bad Mid-Term investment with a projected -6.17% first-year return on $166k initial cash invested.

-6.17%

Cash On Cash

5.39%

Cap Rate

0.84

DSCR

$5,844

Rent

-$852

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,844 income − $6,696 expenses = $852 out of pocket

Income$5,844Out of Pocket$852Mortgage P&I$3,77565%Property Taxes$68012%Insurance$2544%Management$70112%CapEx$2344%Vacancy$1753%Maintenance$2344%Other$64311%

Investment Breakdown

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Purchase Price

$703k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$166k

Downpayment

20%

$141k

Closing costs

1%

$7,030

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,844

Total Expenses

$6,696

Mortgage P&I

65%

$3,775

Property Taxes

12%

$680

Home Insurance

4%

$254

HOA

0%

$0

Property Management

12%

$701

CapEx

4%

$234

Vacancy

3%

$175

Maintenance

4%

$234

Other

11%

$643

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