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$2,673 (target)

15580 Aster Ave, Allen Park, MI 48101

3 beds • 3 baths • 1719 sqft

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This property might be a fair Mid-Term investment with a projected 3.28% first-year return on $64,809 initial cash invested.

3.28%

Cash On Cash

7.93%

Cap Rate

1.24

DSCR

$2,673

Rent

$177

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,673 income − $2,496 expenses = $177 cash flow

Income$2,673Mortgage P&I$1,18944%Property Taxes$31012%Insurance$883%Management$32112%CapEx$1074%Vacancy$803%Maintenance$1074%Other$29411%Cash Flow$177

Investment Breakdown

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Purchase Price

$223k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,809

Downpayment

20%

$44,580

Closing costs

1%

$2,229

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,673

Total Expenses

$2,496

Mortgage P&I

44%

$1,189

Property Taxes

12%

$310

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$321

CapEx

4%

$107

Vacancy

3%

$80

Maintenance

4%

$107

Other

11%

$294

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