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147 Brownell St SE, Grand Rapids, MI 49548

3 beds • 2 baths • 1500 sqft

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This property looks like a bad Long-Term investment with a projected -11.51% first-year return on $66,801 initial cash invested.

-11.51%

Cash On Cash

3.8%

Cap Rate

0.65

DSCR

$1,777

Rent

-$641

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$318k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,801

Downpayment

20%

$63,620

Closing costs

1%

$3,181

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,777

Total Expenses

$2,418

Mortgage P&I

88%

$1,560

Property Taxes

16%

$281

Home Insurance

6%

$114

HOA

0%

$0

Property Management

10%

$178

CapEx

5%

$89

Vacancy

6%

$107

Maintenance

5%

$89

Other

0%

$0

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