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$2,726 (target)

23350 Wilson Ave, Dearborn, MI 48128

3 beds • 2 baths • 1920 sqft

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This property might be a fair Mid-Term investment with a projected 3.45% first-year return on $69,639 initial cash invested.

3.45%

Cash On Cash

7.64%

Cap Rate

1.25

DSCR

$2,726

Rent

$200

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,726 income − $2,526 expenses = $200 cash flow

Income$2,726Mortgage P&I$1,25746%Property Taxes$2499%Insurance$933%Management$32712%CapEx$1094%Vacancy$823%Maintenance$1094%Other$30011%Cash Flow$200

Investment Breakdown

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Purchase Price

$246k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,639

Downpayment

20%

$49,180

Closing costs

1%

$2,459

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,726

Total Expenses

$2,526

Mortgage P&I

46%

$1,257

Property Taxes

9%

$249

Home Insurance

3%

$93

HOA

0%

$0

Property Management

12%

$327

CapEx

4%

$109

Vacancy

3%

$82

Maintenance

4%

$109

Other

11%

$300

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