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$2,823 (target)

1401 Glengrove Ave, Ypsilanti, MI 48198

3 beds • 2 baths • 1720 sqft

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This property could be a profitable Mid-Term investment with a projected 13.12% first-year return on $57,900 initial cash invested.

13.12%

Cash On Cash

11.14%

Cap Rate

1.73

DSCR

$2,823

Rent

$633

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,823 income − $2,190 expenses = $633 cash flow

Income$2,823Mortgage P&I$1,01836%Property Taxes$1455%Insurance$662%Management$33912%CapEx$1134%Vacancy$853%Maintenance$1134%Other$31111%Cash Flow$633

Investment Breakdown

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Purchase Price

$190k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,900

Downpayment

20%

$38,000

Closing costs

1%

$1,900

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,823

Total Expenses

$2,190

Mortgage P&I

36%

$1,018

Property Taxes

5%

$145

Home Insurance

2%

$66

HOA

0%

$0

Property Management

12%

$339

CapEx

4%

$113

Vacancy

3%

$85

Maintenance

4%

$113

Other

11%

$311

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