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11000 Clinton River Rd, Sterling Heights, MI 48314
3 beds • 2 baths • 1850 sqft
$354,000
View on ZillowThis property looks like a bad Long-Term investment with a projected -7.64% first-year return on $74,340 initial cash invested.
-7.64%
Cash On Cash
4.71%
Cap Rate
0.8
DSCR
$2,492
Rent
-$473
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$354k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,340
Downpayment
20%
$70,800
Closing costs
1%
$3,540
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,492
Total Expenses
$2,965
Mortgage P&I
70%
$1,737
Property Taxes
18%
$448
Home Insurance
5%
$131
HOA
0%
$0
Property Management
10%
$249
CapEx
5%
$125
Vacancy
6%
$150
Maintenance
5%
$125
Other
0%
$0