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10333 S Morrow Cir, Dearborn, MI 48126

3 beds • 2 baths • 2330 sqft

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This property looks like a bad Long-Term investment with a projected -12.3% first-year return on $73,479 initial cash invested.

-12.3%

Cash On Cash

3.63%

Cap Rate

0.61

DSCR

$1,776

Rent

-$753

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,479

Downpayment

20%

$69,980

Closing costs

1%

$3,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,776

Total Expenses

$2,529

Mortgage P&I

97%

$1,721

Property Taxes

13%

$223

Home Insurance

7%

$122

HOA

0%

$0

Property Management

10%

$178

CapEx

5%

$89

Vacancy

6%

$107

Maintenance

5%

$89

Other

0%

$0

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