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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 Long-Term investment with a projected -21.21% first-year return on $130k initial cash invested.
-21.21%
Cash On Cash
2.24%
Cap Rate
0.35
DSCR
$2,549
Rent
-$2,295
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,549 income − $4,844 expenses = $2,295 out of pocket
Investment Breakdown
|
Purchase Price
$618k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$130k
Downpayment
20%
$124k
Closing costs
1%
$6,182
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,549
Total Expenses
$4,844
Mortgage P&I
130%
$3,320
Property Taxes
25%
$640
Home Insurance
9%
$222
HOA
0%
$0
Property Management
10%
$255
CapEx
5%
$127
Vacancy
6%
$153
Maintenance
5%
$127
Other
0%
$0