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$4,128 (target)

1210 Lyons Ave, Royal Oak, MI 48073

3 beds • 3 baths • 2466 sqft

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This property might be a fair Mid-Term investment with a projected 0.24% first-year return on $106k initial cash invested.

0.24%

Cash On Cash

6.52%

Cap Rate

1.09

DSCR

$4,128

Rent

$21

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,128 income − $4,107 expenses = $21 cash flow

Income$4,128Mortgage P&I$2,08951%Property Taxes$45411%Insurance$1614%Management$49512%CapEx$1654%Vacancy$1243%Maintenance$1654%Other$45411%Cash Flow$21

Investment Breakdown

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Purchase Price

$419k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$83,720

Closing costs

1%

$4,186

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,128

Total Expenses

$4,107

Mortgage P&I

51%

$2,089

Property Taxes

11%

$454

Home Insurance

4%

$161

HOA

0%

$0

Property Management

12%

$495

CapEx

4%

$165

Vacancy

3%

$124

Maintenance

4%

$165

Other

11%

$454

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