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$2,772 (target)

2259 Hickory Circle Dr, Howell, MI 48855

3 beds • 3 baths • 2370 sqft

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This property looks like a bad Mid-Term investment with a projected -5.68% first-year return on $85,746 initial cash invested.

-5.68%

Cash On Cash

5.52%

Cap Rate

0.83

DSCR

$2,772

Rent

-$406

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,772 income − $3,178 expenses = $406 out of pocket

Income$2,772Out of Pocket$406Mortgage P&I$1,77864%Property Taxes$26710%Insurance$1405%HOA$502%Management$33312%CapEx$1114%Vacancy$833%Maintenance$1114%Other$30511%

Investment Breakdown

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Purchase Price

$323k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,746

Downpayment

20%

$64,520

Closing costs

1%

$3,226

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,772

Total Expenses

$3,178

Mortgage P&I

64%

$1,778

Property Taxes

10%

$267

Home Insurance

5%

$140

HOA

2%

$50

Property Management

12%

$333

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$305

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