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$3,212 (target)

21170 Outer Dr, Dearborn, MI 48124

3 beds • 3 baths • 3150 sqft

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This property looks like a bad Mid-Term investment with a projected -9.53% first-year return on $125k initial cash invested.

-9.53%

Cash On Cash

3.95%

Cap Rate

0.66

DSCR

$3,212

Rent

-$993

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,212 income − $4,205 expenses = $993 out of pocket

Income$3,212Out of Pocket$993Mortgage P&I$2,54579%Property Taxes$39212%Insurance$1786%Management$38512%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35311%

Investment Breakdown

|

Purchase Price

$510k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$125k

Downpayment

20%

$102k

Closing costs

1%

$5,099

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,212

Total Expenses

$4,205

Mortgage P&I

79%

$2,545

Property Taxes

12%

$392

Home Insurance

6%

$178

HOA

0%

$0

Property Management

12%

$385

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$353

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