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212 Girard Ave, Royal Oak, MI 48073

3 beds • 2 baths • 1737 sqft

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This property looks like a bad Long-Term investment with a projected -9.76% first-year return on $79,401 initial cash invested.

-9.76%

Cash On Cash

4.23%

Cap Rate

0.72

DSCR

$2,678

Rent

-$646

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$378k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,401

Downpayment

20%

$75,620

Closing costs

1%

$3,781

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,678

Total Expenses

$3,324

Mortgage P&I

69%

$1,845

Property Taxes

24%

$647

Home Insurance

5%

$135

HOA

0%

$0

Property Management

10%

$268

CapEx

5%

$134

Vacancy

6%

$161

Maintenance

5%

$134

Other

0%

$0

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