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11316 Irvington Dr, Warren, MI 48093

3 beds • 2 baths • 2135 sqft

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This property looks like a bad Mid-Term investment with a projected -4.75% first-year return on $57,144 initial cash invested.

-4.75%

Cash On Cash

5.25%

Cap Rate

0.84

DSCR

$1,683

Rent

-$226

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$186k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,144

Downpayment

20%

$37,280

Closing costs

1%

$1,864

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,683

Total Expenses

$1,909

Mortgage P&I

58%

$975

Property Taxes

16%

$275

Home Insurance

5%

$88

HOA

0%

$0

Property Management

12%

$202

CapEx

4%

$67

Vacancy

3%

$50

Maintenance

4%

$67

Other

11%

$185

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