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11000 Clinton River Rd, Sterling Heights, MI 48314
3 beds • 2 baths • 1850 sqft
$354,000
View on ZillowThis property might be a fair Mid-Term investment with a projected 1.95% first-year return on $92,340 initial cash invested.
1.95%
Cash On Cash
6.91%
Cap Rate
1.17
DSCR
$3,738
Rent
$150
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
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Purchase Price
$354k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,340
Downpayment
20%
$70,800
Closing costs
1%
$3,540
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,738
Total Expenses
$3,588
Mortgage P&I
46%
$1,737
Property Taxes
12%
$448
Home Insurance
4%
$131
HOA
0%
$0
Property Management
12%
$449
CapEx
4%
$150
Vacancy
3%
$112
Maintenance
4%
$150
Other
11%
$411