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20466 Stansbury St, Detroit, MI 48235

3 beds • 2 baths • 1243 sqft

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This property could be a profitable Mid-Term investment with a projected 19.73% first-year return on $39,231 initial cash invested.

19.73%

Cash On Cash

14.64%

Cap Rate

2.45

DSCR

$2,102

Rent

$645

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$101k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,231

Downpayment

20%

$20,220

Closing costs

1%

$1,011

Rehab

0%

$0

Furnishing

18%

$18,000

Cashflow

Total Income

$2,102

Total Expenses

$1,457

Mortgage P&I

24%

$504

Property Taxes

10%

$216

Home Insurance

1%

$23

HOA

0%

$0

Property Management

12%

$252

CapEx

4%

$84

Vacancy

3%

$63

Maintenance

4%

$84

Other

11%

$231

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