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$2,340 (target)

18475 Dalby, Redford, MI 48240

3 beds • 2 baths • 1621 sqft

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This property might be a fair Mid-Term investment with a projected 9.98% first-year return on $51,474 initial cash invested.

9.98%

Cash On Cash

10.37%

Cap Rate

1.61

DSCR

$2,340

Rent

$428

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,340 income − $1,912 expenses = $428 cash flow

Income$2,340Mortgage P&I$85537%Property Taxes$2059%Insurance$562%Management$28112%CapEx$944%Vacancy$703%Maintenance$944%Other$25711%Cash Flow$428

Investment Breakdown

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Purchase Price

$159k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,474

Downpayment

20%

$31,880

Closing costs

1%

$1,594

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,340

Total Expenses

$1,912

Mortgage P&I

37%

$855

Property Taxes

9%

$205

Home Insurance

2%

$56

HOA

0%

$0

Property Management

12%

$281

CapEx

4%

$94

Vacancy

3%

$70

Maintenance

4%

$94

Other

11%

$257

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