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1726 W Oakley Park Rd, Commerce Township, MI 48390
3 beds • 2 baths • 1900 sqft
$618,200
View on ZillowThis property looks like a bad Mid-Term investment with a projected -13.47% first-year return on $148k initial cash invested.
-13.47%
Cash On Cash
3.52%
Cap Rate
0.55
DSCR
$3,824
Rent
-$1,659
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,824 income − $5,483 expenses = $1,659 out of pocket
Investment Breakdown
|
Purchase Price
$618k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$148k
Downpayment
20%
$124k
Closing costs
1%
$6,182
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,824
Total Expenses
$5,483
Mortgage P&I
87%
$3,320
Property Taxes
17%
$640
Home Insurance
6%
$222
HOA
0%
$0
Property Management
12%
$459
CapEx
4%
$153
Vacancy
3%
$115
Maintenance
4%
$153
Other
11%
$421