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$3,672 (target)

1225 Meadowood Dr, Waterford, MI 48327

3 beds • 2 baths • 2333 sqft

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This property might be a fair Mid-Term investment with a projected 0.39% first-year return on $90,303 initial cash invested.

0.39%

Cash On Cash

7.01%

Cap Rate

1.1

DSCR

$3,672

Rent

$29

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,672 income − $3,643 expenses = $29 cash flow

Income$3,672Mortgage P&I$1,83650%Property Taxes$43612%Insurance$1223%Management$44112%CapEx$1474%Vacancy$1103%Maintenance$1474%Other$40411%Cash Flow$29

Investment Breakdown

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Purchase Price

$344k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,303

Downpayment

20%

$68,860

Closing costs

1%

$3,443

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,672

Total Expenses

$3,643

Mortgage P&I

50%

$1,836

Property Taxes

12%

$436

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$441

CapEx

4%

$147

Vacancy

3%

$110

Maintenance

4%

$147

Other

11%

$404

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