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$3,418 (target)

10579 Camrose Cir #12, Traverse City, MI 49684

3 beds • 4 baths • 2520 sqft

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This property looks like a bad Long-Term investment with a projected -15.44% first-year return on $140k initial cash invested.

-15.44%

Cash On Cash

3.12%

Cap Rate

0.51

DSCR

$3,418

Rent

-$1,808

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,418 income − $5,226 expenses = $1,808 out of pocket

Income$3,418Out of Pocket$1,808Mortgage P&I$3,37599%Property Taxes$39011%Insurance$2347%HOA$33810%Management$34210%CapEx$1715%Vacancy$2056%Maintenance$1715%

Investment Breakdown

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Purchase Price

$669k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$140k

Downpayment

20%

$134k

Closing costs

1%

$6,690

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,418

Total Expenses

$5,226

Mortgage P&I

99%

$3,375

Property Taxes

11%

$390

Home Insurance

7%

$234

HOA

10%

$338

Property Management

10%

$342

CapEx

5%

$171

Vacancy

6%

$205

Maintenance

5%

$171

Other

0%

$0

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