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$2,238 (target)

22860 Rosalind Ave, Eastpointe, MI 48021

3 beds • 2 baths • 1152 sqft

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This property could be a profitable Mid-Term investment with a projected 10.51% first-year return on $49,227 initial cash invested.

10.51%

Cash On Cash

10.69%

Cap Rate

1.65

DSCR

$2,238

Rent

$431

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,238 income − $1,807 expenses = $431 cash flow

Income$2,238Mortgage P&I$80436%Property Taxes$1898%Insurance$522%Management$26912%CapEx$904%Vacancy$673%Maintenance$904%Other$24611%Cash Flow$431

Investment Breakdown

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Purchase Price

$149k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,227

Downpayment

20%

$29,740

Closing costs

1%

$1,487

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,238

Total Expenses

$1,807

Mortgage P&I

36%

$804

Property Taxes

8%

$189

Home Insurance

2%

$52

HOA

0%

$0

Property Management

12%

$269

CapEx

4%

$90

Vacancy

3%

$67

Maintenance

4%

$90

Other

11%

$246

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