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$2,752 (target)

13651 Allan Ave, Oak Park, MI 48237

3 beds • 2 baths • 2017 sqft

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This property looks like a bad Mid-Term investment with a projected -3.39% first-year return on $84,150 initial cash invested.

-3.39%

Cash On Cash

6.14%

Cap Rate

0.93

DSCR

$2,752

Rent

-$238

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,752 income − $2,990 expenses = $238 out of pocket

Income$2,752Out of Pocket$238Mortgage P&I$1,73963%Property Taxes$2057%Insurance$1104%Management$33012%CapEx$1104%Vacancy$833%Maintenance$1104%Other$30311%

Investment Breakdown

|

Purchase Price

$315k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,150

Downpayment

20%

$63,000

Closing costs

1%

$3,150

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,752

Total Expenses

$2,990

Mortgage P&I

63%

$1,739

Property Taxes

7%

$205

Home Insurance

4%

$110

HOA

0%

$0

Property Management

12%

$330

CapEx

4%

$110

Vacancy

3%

$83

Maintenance

4%

$110

Other

11%

$303

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