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$2,919 (target)

1350 Trailside Ct NW, Grand Rapids, MI 49504

3 beds • 2 baths • 1757 sqft

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This property looks like a bad Mid-Term investment with a projected -3.67% first-year return on $89,988 initial cash invested.

-3.67%

Cash On Cash

5.48%

Cap Rate

0.91

DSCR

$2,919

Rent

-$275

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,919 income − $3,194 expenses = $275 out of pocket

Income$2,919Out of Pocket$275Mortgage P&I$1,72359%Property Taxes$35612%Insurance$1224%Management$35012%CapEx$1174%Vacancy$883%Maintenance$1174%Other$32111%

Investment Breakdown

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Purchase Price

$343k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,988

Downpayment

20%

$68,560

Closing costs

1%

$3,428

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,919

Total Expenses

$3,194

Mortgage P&I

59%

$1,723

Property Taxes

12%

$356

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$350

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$321

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