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21744 Glenwild Dr, Northville, MI 48167

3 beds • 3 baths • 3540 sqft

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This property looks like a bad Mid-Term investment with a projected -0.76% first-year return on $121k initial cash invested.

-0.76%

Cash On Cash

6.29%

Cap Rate

1.05

DSCR

$4,935

Rent

-$77

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$492k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$98,420

Closing costs

1%

$4,921

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,935

Total Expenses

$5,012

Mortgage P&I

50%

$2,460

Property Taxes

14%

$683

Home Insurance

4%

$175

HOA

0%

$17

Property Management

12%

$592

CapEx

4%

$197

Vacancy

3%

$148

Maintenance

4%

$197

Other

11%

$543

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