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$5,274 (target)

1276 Hillside Dr, Birmingham, MI 48009

3 beds • 2 baths • 1900 sqft

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This property looks like a bad Mid-Term investment with a projected -11.01% first-year return on $185k initial cash invested.

-11.01%

Cash On Cash

3.7%

Cap Rate

0.62

DSCR

$5,274

Rent

-$1,697

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,274 income − $6,971 expenses = $1,697 out of pocket

Income$5,274Out of Pocket$1,697Mortgage P&I$3,93675%Property Taxes$97318%Insurance$2695%Management$63312%CapEx$2114%Vacancy$1583%Maintenance$2114%Other$58011%

Investment Breakdown

|

Purchase Price

$795k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$185k

Downpayment

20%

$159k

Closing costs

1%

$7,949

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,274

Total Expenses

$6,971

Mortgage P&I

75%

$3,936

Property Taxes

18%

$973

Home Insurance

5%

$269

HOA

0%

$0

Property Management

12%

$633

CapEx

4%

$211

Vacancy

3%

$158

Maintenance

4%

$211

Other

11%

$580

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