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1752 Middle Trail Rd, Commerce Township, MI 48390
3 beds • 2 baths • 1950 sqft
$366,900
View on ZillowThis property looks like a bad Long-Term investment with a projected -6.59% first-year return on $77,049 initial cash invested.
-6.59%
Cash On Cash
5.45%
Cap Rate
0.85
DSCR
$2,663
Rent
-$423
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,663 income − $3,086 expenses = $423 out of pocket
Investment Breakdown
|
Purchase Price
$367k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,049
Downpayment
20%
$73,380
Closing costs
1%
$3,669
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,663
Total Expenses
$3,086
Mortgage P&I
73%
$1,956
Property Taxes
12%
$307
Home Insurance
5%
$131
HOA
0%
$0
Property Management
10%
$266
CapEx
5%
$133
Vacancy
6%
$160
Maintenance
5%
$133
Other
0%
$0