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$4,008 (target)

1341 Catalpa Dr, Rochester, MI 48307

3 beds • 2 baths • 1861 sqft

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This property looks like a bad Mid-Term investment with a projected -1.51% first-year return on $110k initial cash invested.

-1.51%

Cash On Cash

6.16%

Cap Rate

1.01

DSCR

$4,008

Rent

-$138

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,008 income − $4,146 expenses = $138 out of pocket

Income$4,008Out of Pocket$138Mortgage P&I$2,21755%Property Taxes$41310%Insurance$1544%Management$48112%CapEx$1604%Vacancy$1203%Maintenance$1604%Other$44111%

Investment Breakdown

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Purchase Price

$436k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,180

Closing costs

1%

$4,359

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,008

Total Expenses

$4,146

Mortgage P&I

55%

$2,217

Property Taxes

10%

$413

Home Insurance

4%

$154

HOA

0%

$0

Property Management

12%

$481

CapEx

4%

$160

Vacancy

3%

$120

Maintenance

4%

$160

Other

11%

$441

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