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$5,958 (target)

1303 Cedar Meadows Dr, White Lake, MI 48383

3 beds • 3 baths • 2101 sqft

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This property looks like a bad Mid-Term investment with a projected -2.01% first-year return on $149k initial cash invested.

-2.01%

Cash On Cash

6.08%

Cap Rate

1

DSCR

$5,958

Rent

-$250

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,958 income − $6,208 expenses = $250 out of pocket

Income$5,958Out of Pocket$250Mortgage P&I$3,18053%Property Taxes$74613%Insurance$2194%HOA$381%Management$71512%CapEx$2384%Vacancy$1793%Maintenance$2384%Other$65511%

Investment Breakdown

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Purchase Price

$625k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$149k

Downpayment

20%

$125k

Closing costs

1%

$6,250

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,958

Total Expenses

$6,208

Mortgage P&I

53%

$3,180

Property Taxes

13%

$746

Home Insurance

4%

$219

HOA

1%

$38

Property Management

12%

$715

CapEx

4%

$238

Vacancy

3%

$179

Maintenance

4%

$238

Other

11%

$655

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