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11465 Leverne, Redford, MI 48239

3 beds • 2 baths • 1724 sqft

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This property might be a fair Mid-Term investment with a projected 0.73% first-year return on $60,861 initial cash invested.

0.73%

Cash On Cash

7.17%

Cap Rate

1.13

DSCR

$2,592

Rent

$37

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$204k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,861

Downpayment

20%

$40,820

Closing costs

1%

$2,041

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,592

Total Expenses

$2,555

Mortgage P&I

42%

$1,078

Property Taxes

20%

$529

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$311

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$285

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