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$2,490 (target)

13097 Country Club Dr, Clio, MI 48420

3 beds • 2 baths • 1732 sqft

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This property looks like a bad Mid-Term investment with a projected -1.21% first-year return on $70,164 initial cash invested.

-1.21%

Cash On Cash

6.37%

Cap Rate

1.02

DSCR

$2,490

Rent

-$71

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,490 income − $2,561 expenses = $71 out of pocket

Income$2,490Out of Pocket$71Mortgage P&I$1,29052%Property Taxes$33213%Insurance$914%Management$29912%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27411%

Investment Breakdown

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Purchase Price

$248k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,164

Downpayment

20%

$49,680

Closing costs

1%

$2,484

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,490

Total Expenses

$2,561

Mortgage P&I

52%

$1,290

Property Taxes

13%

$332

Home Insurance

4%

$91

HOA

0%

$0

Property Management

12%

$299

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$274

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