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1368 Cedar Dr, Birmingham, MI 48009

3 beds • 2 baths • 1306 sqft

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This property looks like a bad Mid-Term investment with a projected -5.57% first-year return on $160k initial cash invested.

-5.57%

Cash On Cash

4.87%

Cap Rate

0.84

DSCR

$5,181

Rent

-$742

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$675k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$160k

Downpayment

20%

$135k

Closing costs

1%

$6,753

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,181

Total Expenses

$5,923

Mortgage P&I

63%

$3,273

Property Taxes

12%

$644

Home Insurance

5%

$245

HOA

0%

$0

Property Management

12%

$622

CapEx

4%

$207

Vacancy

3%

$155

Maintenance

4%

$207

Other

11%

$570

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