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14155 Glenwood Dr, Shelby Township, MI 48315

3 beds • 4 baths • 4893 sqft

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This property might be a fair Mid-Term investment with a projected 1.49% first-year return on $123k initial cash invested.

1.49%

Cash On Cash

6.62%

Cap Rate

1.14

DSCR

$4,852

Rent

$153

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$502k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$100k

Closing costs

1%

$5,019

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,852

Total Expenses

$4,699

Mortgage P&I

50%

$2,421

Property Taxes

9%

$418

Home Insurance

4%

$210

HOA

0%

$0

Property Management

12%

$582

CapEx

4%

$194

Vacancy

3%

$146

Maintenance

4%

$194

Other

11%

$534

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