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1325 Chartwell Carriage Way S, East Lansing, MI 48823
3 beds • 3 baths • 2322 sqft
$328,000
View on ZillowThis property looks like a bad Long-Term investment with a projected -8.68% first-year return on $68,880 initial cash invested.
-8.68%
Cash On Cash
4.6%
Cap Rate
0.77
DSCR
$2,477
Rent
-$498
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,477 income − $2,975 expenses = $498 out of pocket
Investment Breakdown
|
Purchase Price
$328k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,880
Downpayment
20%
$65,600
Closing costs
1%
$3,280
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,477
Total Expenses
$2,975
Mortgage P&I
66%
$1,632
Property Taxes
23%
$563
Home Insurance
5%
$118
HOA
1%
$17
Property Management
10%
$248
CapEx
5%
$124
Vacancy
6%
$149
Maintenance
5%
$124
Other
0%
$0