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23233 Harvard Shore Dr, Clinton Township, MI 48035
3 beds • 2 baths • 2378 sqft
$355,000
View on ZillowThis property looks like a bad Long-Term investment with a projected -11.36% first-year return on $74,550 initial cash invested.
-11.36%
Cash On Cash
3.79%
Cap Rate
0.65
DSCR
$1,881
Rent
-$706
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$355k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,550
Downpayment
20%
$71,000
Closing costs
1%
$3,550
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,881
Total Expenses
$2,587
Mortgage P&I
92%
$1,732
Property Taxes
13%
$242
Home Insurance
7%
$124
HOA
0%
$0
Property Management
10%
$188
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0