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$5,170 (target)

1421 W Greenfield Ct, Ann Arbor, MI 48108

3 beds • 4 baths • 2805 sqft

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This property looks like a bad Mid-Term investment with a projected -7.18% first-year return on $163k initial cash invested.

-7.18%

Cash On Cash

4.68%

Cap Rate

0.78

DSCR

$5,170

Rent

-$974

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,170 income − $6,144 expenses = $974 out of pocket

Income$5,170Out of Pocket$974Mortgage P&I$3,46067%Property Taxes$60412%Insurance$2555%HOA$671%Management$62012%CapEx$2074%Vacancy$1553%Maintenance$2074%Other$56911%

Investment Breakdown

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Purchase Price

$690k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$163k

Downpayment

20%

$138k

Closing costs

1%

$6,898

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,170

Total Expenses

$6,144

Mortgage P&I

67%

$3,460

Property Taxes

12%

$604

Home Insurance

5%

$255

HOA

1%

$67

Property Management

12%

$620

CapEx

4%

$207

Vacancy

3%

$155

Maintenance

4%

$207

Other

11%

$569

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