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$5,349 (target)

1487 Emmons Ave, Birmingham, MI 48009

3 beds • 2 baths • 1325 sqft

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This property might be a fair Mid-Term investment with a projected 7.49% first-year return on $110k initial cash invested.

7.49%

Cash On Cash

8.48%

Cap Rate

1.41

DSCR

$5,349

Rent

$684

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,349 income − $4,665 expenses = $684 cash flow

Income$5,349Mortgage P&I$2,18541%Property Taxes$5049%Insurance$1583%Management$64212%CapEx$2144%Vacancy$1603%Maintenance$2144%Other$58811%Cash Flow$684

Investment Breakdown

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Purchase Price

$436k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,220

Closing costs

1%

$4,361

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,349

Total Expenses

$4,665

Mortgage P&I

41%

$2,185

Property Taxes

9%

$504

Home Insurance

3%

$158

HOA

0%

$0

Property Management

12%

$642

CapEx

4%

$214

Vacancy

3%

$160

Maintenance

4%

$214

Other

11%

$588

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