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$3,250 (target)

2235 Roys Ave SW, Wyoming, MI 49519

3 beds • 2 baths • 2504 sqft

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This property might be a fair Mid-Term investment with a projected 2.38% first-year return on $86,817 initial cash invested.

2.38%

Cash On Cash

7.04%

Cap Rate

1.19

DSCR

$3,250

Rent

$172

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,250 income − $3,078 expenses = $172 cash flow

Income$3,250Mortgage P&I$1,62050%Property Taxes$2387%Insurance$1144%Management$39012%CapEx$1304%Vacancy$983%Maintenance$1304%Other$35811%Cash Flow$172

Investment Breakdown

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Purchase Price

$328k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,817

Downpayment

20%

$65,540

Closing costs

1%

$3,277

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,250

Total Expenses

$3,078

Mortgage P&I

50%

$1,620

Property Taxes

7%

$238

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$390

CapEx

4%

$130

Vacancy

3%

$98

Maintenance

4%

$130

Other

11%

$358

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