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This property looks like a bad Long-Term investment with a projected -1.62% first-year return on $50,379 initial cash invested.
-1.62%
Cash On Cash
6.47%
Cap Rate
1.03
DSCR
$1,990
Rent
-$68
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,379
Downpayment
20%
$47,980
Closing costs
1%
$2,399
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,990
Total Expenses
$2,058
Mortgage P&I
63%
$1,262
Property Taxes
10%
$194
Home Insurance
4%
$84
HOA
0%
$0
Property Management
10%
$199
CapEx
5%
$100
Vacancy
6%
$119
Maintenance
5%
$100
Other
0%
$0
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Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
21223 Crane Ct, Saint Clair Shores, MI 48081 | $2,150 | 3 | 2 | 2000 | 1.7 mi |
19916 Alger St, Saint Clair Shores, MI 48080 | $1,900 | 3 | 2 | 2116 | 1.4 mi |
24720 Culver St, Saint Clair Shores, MI 48080 | $1,850 | 3 | 1.5 | 2074 | 0.1 mi |
23729 Grove St, Saint Clair Shores, MI 48080 | $2,200 | 3 | 1.5 | 2005 | 0.7 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