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$3,477 (target)

11656 Majestic Ct, Shelby Township, MI 48315

3 beds • 4 baths • 5063 sqft

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This property looks like a bad Long-Term investment with a projected -10% first-year return on $112k initial cash invested.

-10%

Cash On Cash

4.22%

Cap Rate

0.71

DSCR

$3,477

Rent

-$937

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,477 income − $4,414 expenses = $937 out of pocket

Income$3,477Out of Pocket$937Mortgage P&I$2,64576%Property Taxes$64919%Insurance$1865%HOA$291%Management$34810%CapEx$1745%Vacancy$2096%Maintenance$1745%

Investment Breakdown

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Purchase Price

$535k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$107k

Closing costs

1%

$5,353

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,477

Total Expenses

$4,414

Mortgage P&I

76%

$2,645

Property Taxes

19%

$649

Home Insurance

5%

$186

HOA

1%

$29

Property Management

10%

$348

CapEx

5%

$174

Vacancy

6%

$209

Maintenance

5%

$174

Other

0%

$0

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