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11435 Farthing Dr, Sterling Heights, MI 48314

3 beds • 2 baths • 1134 sqft

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This property might be a fair Mid-Term investment with a projected 2.12% first-year return on $79,698 initial cash invested.

2.12%

Cash On Cash

7.08%

Cap Rate

1.18

DSCR

$3,108

Rent

$141

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$294k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,698

Downpayment

20%

$58,760

Closing costs

1%

$2,938

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,108

Total Expenses

$2,967

Mortgage P&I

47%

$1,468

Property Taxes

11%

$341

Home Insurance

3%

$102

HOA

0%

$0

Property Management

12%

$373

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$342

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