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$3,270 (target)

15724 Leader St, Taylor, MI 48180

3 beds • 2 baths • 2508 sqft

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This property might be a fair Mid-Term investment with a projected 7.54% first-year return on $75,750 initial cash invested.

7.54%

Cash On Cash

8.64%

Cap Rate

1.44

DSCR

$3,270

Rent

$476

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,270 income − $2,794 expenses = $476 cash flow

Income$3,270Mortgage P&I$1,37242%Property Taxes$2147%Insurance$963%Management$39212%CapEx$1314%Vacancy$983%Maintenance$1314%Other$36011%Cash Flow$476

Investment Breakdown

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Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,750

Downpayment

20%

$55,000

Closing costs

1%

$2,750

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,270

Total Expenses

$2,794

Mortgage P&I

42%

$1,372

Property Taxes

7%

$214

Home Insurance

3%

$96

HOA

0%

$0

Property Management

12%

$392

CapEx

4%

$131

Vacancy

3%

$98

Maintenance

4%

$131

Other

11%

$360

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