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1795 Howell Hwy, Adrian, MI 49221

3 beds • 3 baths • 2106 sqft

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This property might be a fair Mid-Term investment with a projected 5.18% first-year return on $75,729 initial cash invested.

5.18%

Cash On Cash

7.81%

Cap Rate

1.33

DSCR

$3,002

Rent

$327

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,729

Downpayment

20%

$54,980

Closing costs

1%

$2,749

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,002

Total Expenses

$2,675

Mortgage P&I

45%

$1,343

Property Taxes

7%

$216

Home Insurance

3%

$96

HOA

0%

$0

Property Management

12%

$360

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$330

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