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$4,095 (target)

1320 Parkway, Waterford, MI 48328

3 beds • 3 baths • 1648 sqft

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This property looks like a bad Mid-Term investment with a projected -4.62% first-year return on $108k initial cash invested.

-4.62%

Cash On Cash

5.86%

Cap Rate

0.89

DSCR

$4,095

Rent

-$417

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,095 income − $4,512 expenses = $417 out of pocket

Income$4,095Out of Pocket$417Mortgage P&I$2,35558%Property Taxes$61315%Insurance$1524%Management$49112%CapEx$1644%Vacancy$1233%Maintenance$1644%Other$45011%

Investment Breakdown

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Purchase Price

$430k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$86,020

Closing costs

1%

$4,301

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,095

Total Expenses

$4,512

Mortgage P&I

58%

$2,355

Property Taxes

15%

$613

Home Insurance

4%

$152

HOA

0%

$0

Property Management

12%

$491

CapEx

4%

$164

Vacancy

3%

$123

Maintenance

4%

$164

Other

11%

$450

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