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20185 Bayfield Dr, Clinton Township, MI 48038

3 beds • 4 baths • 3856 sqft

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This property looks like a bad Mid-Term investment with a projected -0.64% first-year return on $111k initial cash invested.

-0.64%

Cash On Cash

6.15%

Cap Rate

1.05

DSCR

$4,374

Rent

-$59

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$443k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,660

Closing costs

1%

$4,433

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,374

Total Expenses

$4,433

Mortgage P&I

49%

$2,156

Property Taxes

14%

$625

Home Insurance

4%

$157

HOA

0%

$8

Property Management

12%

$525

CapEx

4%

$175

Vacancy

3%

$131

Maintenance

4%

$175

Other

11%

$481

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