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$2,886 (target)

10586 Williams Rd, Dewitt, MI 48820

3 beds • 2 baths • 1560 sqft

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This property looks like a bad Mid-Term investment with a projected -10.17% first-year return on $118k initial cash invested.

-10.17%

Cash On Cash

4%

Cap Rate

0.64

DSCR

$2,886

Rent

-$998

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,886 income − $3,884 expenses = $998 out of pocket

Income$2,886Out of Pocket$998Mortgage P&I$2,46785%Property Taxes$2719%Insurance$1666%Management$34612%CapEx$1154%Vacancy$873%Maintenance$1154%Other$31711%

Investment Breakdown

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Purchase Price

$475k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$95,000

Closing costs

1%

$4,750

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,886

Total Expenses

$3,884

Mortgage P&I

85%

$2,467

Property Taxes

9%

$271

Home Insurance

6%

$166

HOA

0%

$0

Property Management

12%

$346

CapEx

4%

$115

Vacancy

3%

$87

Maintenance

4%

$115

Other

11%

$317

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