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19480 Afton Rd, Detroit, MI 48203

4 beds • 4 baths • 4619 sqft

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This property looks like a bad Long-Term investment with a projected -17.35% first-year return on $115k initial cash invested.

-17.35%

Cash On Cash

2.17%

Cap Rate

0.39

DSCR

$2,300

Rent

-$1,664

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$548k

Downpayment

20.0%

Interest Rate

5.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$110k

Closing costs

1%

$5,479

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,300

Total Expenses

$3,964

Mortgage P&I

110%

$2,541

Property Taxes

26%

$588

Home Insurance

9%

$196

HOA

2%

$41

Property Management

10%

$230

CapEx

5%

$115

Vacancy

6%

$138

Maintenance

5%

$115

Other

0%

$0

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