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$2,560 (target)

22831 Ulrich St, Clinton Township, MI 48036

3 beds • 2 baths • 2853 sqft

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This property looks like a bad Mid-Term investment with a projected -4.17% first-year return on $74,196 initial cash invested.

-4.17%

Cash On Cash

5.98%

Cap Rate

0.9

DSCR

$2,560

Rent

-$258

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,560 income − $2,818 expenses = $258 out of pocket

Income$2,560Out of Pocket$258Mortgage P&I$1,49058%Property Taxes$34413%Insurance$1144%Management$30712%CapEx$1024%Vacancy$773%Maintenance$1024%Other$28211%

Investment Breakdown

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Purchase Price

$268k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,196

Downpayment

20%

$53,520

Closing costs

1%

$2,676

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,560

Total Expenses

$2,818

Mortgage P&I

58%

$1,490

Property Taxes

13%

$344

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$307

CapEx

4%

$102

Vacancy

3%

$77

Maintenance

4%

$102

Other

11%

$282

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