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$3,016 (target)

1726 Devon St, Ypsilanti, MI 48198

3 beds • 2 baths • 1230 sqft

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This property might be a fair Mid-Term investment with a projected 4.54% first-year return on $75,645 initial cash invested.

4.54%

Cash On Cash

7.77%

Cap Rate

1.3

DSCR

$3,016

Rent

$286

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,016 income − $2,730 expenses = $286 cash flow

Income$3,016Mortgage P&I$1,37045%Property Taxes$2368%Insurance$983%Management$36212%CapEx$1214%Vacancy$903%Maintenance$1214%Other$33211%Cash Flow$286

Investment Breakdown

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Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,645

Downpayment

20%

$54,900

Closing costs

1%

$2,745

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,016

Total Expenses

$2,730

Mortgage P&I

45%

$1,370

Property Taxes

8%

$236

Home Insurance

3%

$98

HOA

0%

$0

Property Management

12%

$362

CapEx

4%

$121

Vacancy

3%

$90

Maintenance

4%

$121

Other

11%

$332

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