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20346 Tullio St, Clinton Township, MI 48035

3 beds • 2 baths • 1500 sqft

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This property might be a fair Mid-Term investment with a projected 0.27% first-year return on $79,971 initial cash invested.

0.27%

Cash On Cash

6.47%

Cap Rate

1.09

DSCR

$2,919

Rent

$18

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,971

Downpayment

20%

$59,020

Closing costs

1%

$2,951

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,919

Total Expenses

$2,901

Mortgage P&I

50%

$1,457

Property Taxes

12%

$347

Home Insurance

4%

$104

HOA

0%

$0

Property Management

12%

$350

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$321

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