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$3,975 (target)

1706 Eaton Rd, Berkley, MI 48072

3 beds • 2 baths • 1867 sqft

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This property looks like a bad Mid-Term investment with a projected -0.85% first-year return on $99,942 initial cash invested.

-0.85%

Cash On Cash

6.5%

Cap Rate

1.04

DSCR

$3,975

Rent

-$71

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,975 income − $4,046 expenses = $71 out of pocket

Income$3,975Out of Pocket$71Mortgage P&I$2,02651%Property Taxes$51713%Insurance$1524%Management$47712%CapEx$1594%Vacancy$1193%Maintenance$1594%Other$43711%

Investment Breakdown

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Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,942

Downpayment

20%

$78,040

Closing costs

1%

$3,902

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,975

Total Expenses

$4,046

Mortgage P&I

51%

$2,026

Property Taxes

13%

$517

Home Insurance

4%

$152

HOA

0%

$0

Property Management

12%

$477

CapEx

4%

$159

Vacancy

3%

$119

Maintenance

4%

$159

Other

11%

$437

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