Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -16.69% first-year return on $126k initial cash invested.
-16.69%
Cash On Cash
2.62%
Cap Rate
0.44
DSCR
$2,150
Rent
-$1,750
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$599k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$126k
Downpayment
20%
$120k
Closing costs
1%
$5,990
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,150
Total Expenses
$3,900
Mortgage P&I
137%
$2,950
Property Taxes
8%
$180
Home Insurance
10%
$210
HOA
0%
$0
Property Management
10%
$215
CapEx
5%
$108
Vacancy
6%
$129
Maintenance
5%
$108
Other
0%
$0
Loading map...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
2439 Sheridan St, Detroit, MI 48214 | $3,000 | 4 | 3.5 | 2862 | 0.3 mi |
3443 Sheridan St, Detroit, MI 48214 | $3,000 | 4 | 2.5 | 2500 | 0.6 mi |
3503 Townsend St, Detroit, MI 48214 | $3,500 | 4 | 4.5 | 3000 | 0.7 mi |
1463 Baldwin St, Detroit, MI 48214 | $3,300 | 4 | 2.5 | 1950 | 0.2 mi |
104 W Rancho Del Cerro | $2,500 | 4 | 2 | 2380 | 1.3 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 0.9 mi | |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
Projection Charts
Investment Value YoY
Annualized Return
Investment projections and seasonality
CoC vs Downpayment
Investment projections and seasonality
CoC vs Purchase Price
Investment projections and seasonality