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1236 Anderson Rd, Traverse City, MI 49686

3 beds • 2 baths • 2074 sqft

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This property looks like a bad Mid-Term investment with a projected -14.39% first-year return on $173k initial cash invested.

-14.39%

Cash On Cash

2.67%

Cap Rate

0.46

DSCR

$3,270

Rent

-$2,070

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$736k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$173k

Downpayment

20%

$147k

Closing costs

1%

$7,362

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,270

Total Expenses

$5,340

Mortgage P&I

109%

$3,580

Property Taxes

12%

$377

Home Insurance

8%

$271

HOA

0%

$0

Property Management

12%

$392

CapEx

4%

$131

Vacancy

3%

$98

Maintenance

4%

$131

Other

11%

$360

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