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11465 Leverne, Redford, MI 48239

3 beds • 2 baths • 1724 sqft

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This property looks like a bad Long-Term investment with a projected -11.03% first-year return on $42,861 initial cash invested.

-11.03%

Cash On Cash

4.53%

Cap Rate

0.71

DSCR

$1,728

Rent

-$394

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

$42,861

Downpayment

20%

$40,820

Closing costs

1%

$2,041

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,728

Total Expenses

$2,122

Mortgage P&I

62%

$1,078

Property Taxes

31%

$529

Home Insurance

4%

$66

HOA

0%

$0

Property Management

10%

$173

CapEx

5%

$86

Vacancy

6%

$104

Maintenance

5%

$86

Other

0%

$0

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