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$4,378 (target)

2370 Huron Hill Dr, Okemos, MI 48864

3 beds • 3 baths • 2902 sqft

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This property might be a fair Mid-Term investment with a projected 1.24% first-year return on $95,679 initial cash invested.

1.24%

Cash On Cash

7.01%

Cap Rate

1.15

DSCR

$4,378

Rent

$99

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,378 income − $4,279 expenses = $99 cash flow

Income$4,378Mortgage P&I$1,88843%Property Taxes$77318%Insurance$1303%Management$52512%CapEx$1754%Vacancy$1313%Maintenance$1754%Other$48211%Cash Flow$99

Investment Breakdown

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Purchase Price

$370k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,679

Downpayment

20%

$73,980

Closing costs

1%

$3,699

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,378

Total Expenses

$4,279

Mortgage P&I

43%

$1,888

Property Taxes

18%

$773

Home Insurance

3%

$130

HOA

0%

$0

Property Management

12%

$525

CapEx

4%

$175

Vacancy

3%

$131

Maintenance

4%

$175

Other

11%

$482

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