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1236 Edgewood Rd, Birmingham, MI 48009

3 beds • 5 baths • 3354 sqft

$1,009,800

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This property looks like a bad Long-Term investment with a projected -13.05% first-year return on $212k initial cash invested.

-13.05%

Cash On Cash

3.59%

Cap Rate

0.6

DSCR

$5,759

Rent

-$2,306

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1010k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$212k

Downpayment

20%

$202k

Closing costs

1%

$10,098

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,759

Total Expenses

$8,065

Mortgage P&I

88%

$5,040

Property Taxes

20%

$1,160

Home Insurance

6%

$367

HOA

0%

$0

Property Management

10%

$576

CapEx

5%

$288

Vacancy

6%

$346

Maintenance

5%

$288

Other

0%

$0

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