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11711 S West Bay Shore Dr, Traverse City, MI 49684
3 beds • 3 baths • 2314 sqft
$1,549,000
View on ZillowThis property looks like a bad Long-Term investment with a projected -18.92% first-year return on $325k initial cash invested.
-18.92%
Cash On Cash
2.41%
Cap Rate
0.39
DSCR
$4,974
Rent
-$5,128
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,974 income − $10,102 expenses = $5,128 out of pocket
Investment Breakdown
|
Purchase Price
$1549k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$325k
Downpayment
20%
$310k
Closing costs
1%
$15,490
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,974
Total Expenses
$10,102
Mortgage P&I
161%
$7,984
Property Taxes
6%
$283
Home Insurance
11%
$542
HOA
0%
$0
Property Management
10%
$497
CapEx
5%
$249
Vacancy
6%
$298
Maintenance
5%
$249
Other
0%
$0