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$2,582 (target)

22702 Brantingham Rd, Macomb, MI 48044

3 beds • 3 baths • 2220 sqft

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This property looks like a bad Mid-Term investment with a projected -16.64% first-year return on $126k initial cash invested.

-16.64%

Cash On Cash

2.55%

Cap Rate

0.4

DSCR

$2,582

Rent

-$1,746

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,582 income − $4,328 expenses = $1,746 out of pocket

Income$2,582Out of Pocket$1,746Mortgage P&I$2,734106%Property Taxes$51120%Insurance$1847%HOA$221%Management$31012%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28411%

Investment Breakdown

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Purchase Price

$514k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$103k

Closing costs

1%

$5,137

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,582

Total Expenses

$4,328

Mortgage P&I

106%

$2,734

Property Taxes

20%

$511

Home Insurance

7%

$184

HOA

1%

$22

Property Management

12%

$310

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$284

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