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$4,094 (target)

1089 Shallowdale Dr, Troy, MI 48085

3 beds • 3 baths • 1717 sqft

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This property might be a fair Mid-Term investment with a projected 1.41% first-year return on $106k initial cash invested.

1.41%

Cash On Cash

6.79%

Cap Rate

1.14

DSCR

$4,094

Rent

$125

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,094 income − $3,969 expenses = $125 cash flow

Income$4,094Mortgage P&I$2,08851%Property Taxes$3428%Insurance$1474%Management$49112%CapEx$1644%Vacancy$1233%Maintenance$1644%Other$45011%Cash Flow$125

Investment Breakdown

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Purchase Price

$420k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$84,000

Closing costs

1%

$4,200

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,094

Total Expenses

$3,969

Mortgage P&I

51%

$2,088

Property Taxes

8%

$342

Home Insurance

4%

$147

HOA

0%

$0

Property Management

12%

$491

CapEx

4%

$164

Vacancy

3%

$123

Maintenance

4%

$164

Other

11%

$450

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