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$1,932 (target)

1320 Sheridan Dr, Kalamazoo, MI 49001

3 beds • 2 baths • 1700 sqft

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This property looks like a bad Long-Term investment with a projected -9.51% first-year return on $54,789 initial cash invested.

-9.51%

Cash On Cash

4.85%

Cap Rate

0.76

DSCR

$1,932

Rent

-$434

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,932 income − $2,366 expenses = $434 out of pocket

Income$1,932Out of Pocket$434Mortgage P&I$1,39272%Property Taxes$38320%Insurance$885%Management$19310%CapEx$975%Vacancy$1166%Maintenance$975%

Investment Breakdown

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Purchase Price

$261k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,789

Downpayment

20%

$52,180

Closing costs

1%

$2,609

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,932

Total Expenses

$2,366

Mortgage P&I

72%

$1,392

Property Taxes

20%

$383

Home Insurance

5%

$88

HOA

0%

$0

Property Management

10%

$193

CapEx

5%

$97

Vacancy

6%

$116

Maintenance

5%

$97

Other

0%

$0

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