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$4,034 (target)

2309 Weber Dr, Dexter, MI 48130

3 beds • 3 baths • 2574 sqft

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This property looks like a bad Mid-Term investment with a projected -7.77% first-year return on $138k initial cash invested.

-7.77%

Cash On Cash

4.43%

Cap Rate

0.74

DSCR

$4,034

Rent

-$892

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,034 income − $4,926 expenses = $892 out of pocket

Income$4,034Out of Pocket$892Mortgage P&I$2,83470%Property Taxes$53713%Insurance$1845%Management$48412%CapEx$1614%Vacancy$1213%Maintenance$1614%Other$44411%

Investment Breakdown

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Purchase Price

$570k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$138k

Downpayment

20%

$114k

Closing costs

1%

$5,703

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,034

Total Expenses

$4,926

Mortgage P&I

70%

$2,834

Property Taxes

13%

$537

Home Insurance

5%

$184

HOA

0%

$0

Property Management

12%

$484

CapEx

4%

$161

Vacancy

3%

$121

Maintenance

4%

$161

Other

11%

$444

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