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$1,946 (target)

11259 Chapp Ave, Warren, MI 48089

3 beds • 2 baths • 814 sqft

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This property might be a fair Mid-Term investment with a projected 4.43% first-year return on $54,729 initial cash invested.

4.43%

Cash On Cash

8.32%

Cap Rate

1.3

DSCR

$1,946

Rent

$202

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,946 income − $1,744 expenses = $202 cash flow

Income$1,946Mortgage P&I$93348%Property Taxes$885%Insurance$613%Management$23412%CapEx$784%Vacancy$583%Maintenance$784%Other$21411%Cash Flow$202

Investment Breakdown

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Purchase Price

$175k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,729

Downpayment

20%

$34,980

Closing costs

1%

$1,749

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,946

Total Expenses

$1,744

Mortgage P&I

48%

$933

Property Taxes

5%

$88

Home Insurance

3%

$61

HOA

0%

$0

Property Management

12%

$234

CapEx

4%

$78

Vacancy

3%

$58

Maintenance

4%

$78

Other

11%

$214

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