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13477 Vernon Ave, Warren, MI 48089

4 beds • 2 baths • 2000 sqft

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This property looks like a bad Long-Term investment with a projected -1.53% first-year return on $39,249 initial cash invested.

-1.53%

Cash On Cash

6.5%

Cap Rate

1.03

DSCR

$1,590

Rent

-$50

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$187k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,249

Downpayment

20%

$37,380

Closing costs

1%

$1,869

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,590

Total Expenses

$1,640

Mortgage P&I

62%

$982

Property Taxes

11%

$178

Home Insurance

4%

$66

HOA

0%

$0

Property Management

10%

$159

CapEx

5%

$80

Vacancy

6%

$95

Maintenance

5%

$80

Other

0%

$0

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