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2001 Dexter Ave, Ann Arbor, MI 48103

3 beds • 1 baths • 1440 sqft

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This property might be a fair Long-Term investment with a projected 8.04% first-year return on $54,600 initial cash invested.

8.04%

Cash On Cash

8.63%

Cap Rate

1.4

DSCR

$3,450

Rent

$366

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,450 income − $3,084 expenses = $366 cash flow

Income$3,450Mortgage P&I$1,33239%Property Taxes$71221%Insurance$1444%Management$34510%CapEx$1725%Vacancy$2076%Maintenance$1725%Cash Flow$366

Investment Breakdown

|

Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,600

Downpayment

20%

$52,000

Closing costs

1%

$2,600

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,450

Total Expenses

$3,084

Mortgage P&I

39%

$1,332

Property Taxes

21%

$712

Home Insurance

4%

$144

HOA

0%

$0

Property Management

10%

$345

CapEx

5%

$172

Vacancy

6%

$207

Maintenance

5%

$172

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

419 N Ashley St, Ann Arbor, MI 48103

$3,200

3

1

1404

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1705 Jackson Ave, Ann Arbor, MI 48103

$2,500

3

1

1215

0.3 mi

930 Sherwood St, Ann Arbor, MI 48103

$2,700

3

1.5

1400

1 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

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