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$1,276 (target)

14819 Tacoma St, Detroit, MI 48205

3 beds • 2 baths • 1100 sqft

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This property could be a profitable Long-Term investment with a projected 15.06% first-year return on $20,790 initial cash invested.

15.06%

Cash On Cash

10.57%

Cap Rate

1.59

DSCR

$1,276

Rent

$261

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,276 income − $1,015 expenses = $261 cash flow

Income$1,276Mortgage P&I$54743%Property Taxes$1008%Insurance$353%Management$12810%CapEx$645%Vacancy$776%Maintenance$645%Cash Flow$261

Investment Breakdown

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Purchase Price

$99,000

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$20,790

Downpayment

20%

$19,800

Closing costs

1%

$990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,276

Total Expenses

$1,015

Mortgage P&I

43%

$547

Property Taxes

8%

$100

Home Insurance

3%

$35

HOA

0%

$0

Property Management

10%

$128

CapEx

5%

$64

Vacancy

6%

$77

Maintenance

5%

$64

Other

0%

$0

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