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$4,290 (target)

204 Westover St, Ann Arbor, MI 48103

3 beds • 2 baths • 1217 sqft

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This property might be a fair Mid-Term investment with a projected 1.38% first-year return on $104k initial cash invested.

1.38%

Cash On Cash

6.98%

Cap Rate

1.14

DSCR

$4,290

Rent

$120

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,290 income − $4,170 expenses = $120 cash flow

Income$4,290Mortgage P&I$2,09349%Property Taxes$47311%Insurance$1443%Management$51512%CapEx$1724%Vacancy$1293%Maintenance$1724%Other$47211%Cash Flow$120

Investment Breakdown

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Purchase Price

$410k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$82,000

Closing costs

1%

$4,100

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,290

Total Expenses

$4,170

Mortgage P&I

49%

$2,093

Property Taxes

11%

$473

Home Insurance

3%

$144

HOA

0%

$0

Property Management

12%

$515

CapEx

4%

$172

Vacancy

3%

$129

Maintenance

4%

$172

Other

11%

$472

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