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16152 Kingsway Dr, Macomb, MI 48044

3 beds • 4 baths • 3350 sqft

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This property looks like a bad Mid-Term investment with a projected -2.69% first-year return on $114k initial cash invested.

-2.69%

Cash On Cash

5.61%

Cap Rate

0.96

DSCR

$4,107

Rent

-$256

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$457k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$91,440

Closing costs

1%

$4,572

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,107

Total Expenses

$4,363

Mortgage P&I

54%

$2,230

Property Taxes

13%

$541

Home Insurance

4%

$171

HOA

1%

$25

Property Management

12%

$493

CapEx

4%

$164

Vacancy

3%

$123

Maintenance

4%

$164

Other

11%

$452

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