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$3,441 (target)

1352 Catherines Way, Howell, MI 48843

3 beds • 3 baths • 2689 sqft

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This property looks like a bad Mid-Term investment with a projected -1.47% first-year return on $98,850 initial cash invested.

-1.47%

Cash On Cash

6.29%

Cap Rate

1.01

DSCR

$3,441

Rent

-$121

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,441 income − $3,562 expenses = $121 out of pocket

Income$3,441Out of Pocket$121Mortgage P&I$2,00058%Property Taxes$2166%Insurance$1354%HOA$401%Management$41312%CapEx$1384%Vacancy$1033%Maintenance$1384%Other$37911%

Investment Breakdown

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Purchase Price

$385k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,850

Downpayment

20%

$77,000

Closing costs

1%

$3,850

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,441

Total Expenses

$3,562

Mortgage P&I

58%

$2,000

Property Taxes

6%

$216

Home Insurance

4%

$135

HOA

1%

$40

Property Management

12%

$413

CapEx

4%

$138

Vacancy

3%

$103

Maintenance

4%

$138

Other

11%

$379

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