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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 Mid-Term investment with a projected -10.9% first-year return on $191k initial cash invested.
-10.9%
Cash On Cash
4.14%
Cap Rate
0.65
DSCR
$5,278
Rent
-$1,738
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,278 income − $7,016 expenses = $1,738 out of pocket
Investment Breakdown
|
Purchase Price
$826k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$191k
Downpayment
20%
$165k
Closing costs
1%
$8,258
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,278
Total Expenses
$7,016
Mortgage P&I
83%
$4,375
Property Taxes
10%
$549
Home Insurance
6%
$298
HOA
0%
$0
Property Management
12%
$633
CapEx
4%
$211
Vacancy
3%
$158
Maintenance
4%
$211
Other
11%
$581