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1424 W Oakley Park Rd, Commerce Township, MI 48390
3 beds • 4 baths • 3729 sqft
$825,800
View on ZillowThis property looks like a bad Long-Term investment with a projected -18.12% first-year return on $173k initial cash invested.
-18.12%
Cash On Cash
2.81%
Cap Rate
0.44
DSCR
$3,519
Rent
-$2,618
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,519 income − $6,137 expenses = $2,618 out of pocket
Investment Breakdown
|
Purchase Price
$826k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$173k
Downpayment
20%
$165k
Closing costs
1%
$8,258
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,519
Total Expenses
$6,137
Mortgage P&I
124%
$4,375
Property Taxes
16%
$549
Home Insurance
8%
$298
HOA
0%
$0
Property Management
10%
$352
CapEx
5%
$176
Vacancy
6%
$211
Maintenance
5%
$176
Other
0%
$0