Unlock all features! Tap here to upgrade
This property could be a profitable Long-Term investment with a projected 19.94% first-year return on $24,129 initial cash invested.
19.94%
Cash On Cash
11.32%
Cap Rate
1.8
DSCR
$1,590
Rent
$401
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,590 income − $1,189 expenses = $401 cash flow
Investment Breakdown
|
Purchase Price
$115k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$24,129
Downpayment
20%
$22,980
Closing costs
1%
$1,149
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,590
Total Expenses
$1,189
Mortgage P&I
38%
$603
Property Taxes
8%
$132
Home Insurance
3%
$40
HOA
0%
$0
Property Management
10%
$159
CapEx
5%
$80
Vacancy
6%
$95
Maintenance
5%
$80
Other
0%
$0
Loading map...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
1473 Empire Ave, Lincoln Park, MI 48146 | $1,700 | 3 | 2 | 1342 | 0.4 mi |
511 North Dr, Wyandotte, MI 48192 | $1,900 | 3 | 2 | 1421 | 1.4 mi |
1369 Pingree Ave, Lincoln Park, MI 48146 | $1,400 | 3 | 2.5 | 1344 | 0.4 mi |
104 W Rancho Del Cerro | $2,500 | 4 | 2 | 2380 | 1.3 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 0.9 mi | |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
Projection Charts
Investment Value YoY