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$4,964 (target)

1197 Kinlock Dr, Troy, MI 48098

3 beds • 3 baths • 2700 sqft

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This property looks like a bad Mid-Term investment with a projected -8.99% first-year return on $154k initial cash invested.

-8.99%

Cash On Cash

4.33%

Cap Rate

0.71

DSCR

$4,964

Rent

-$1,153

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,964 income − $6,117 expenses = $1,153 out of pocket

Income$4,964Out of Pocket$1,153Mortgage P&I$3,29066%Property Taxes$91218%Insurance$2224%HOA$4Management$59612%CapEx$1994%Vacancy$1493%Maintenance$1994%Other$54611%

Investment Breakdown

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Purchase Price

$647k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$154k

Downpayment

20%

$129k

Closing costs

1%

$6,469

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,964

Total Expenses

$6,117

Mortgage P&I

66%

$3,290

Property Taxes

18%

$912

Home Insurance

4%

$222

HOA

0%

$4

Property Management

12%

$596

CapEx

4%

$199

Vacancy

3%

$149

Maintenance

4%

$199

Other

11%

$546

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