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2431 Lilac Ave, Niles, MI 49120

3 beds • 2 baths • 1508 sqft

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This property looks like a bad Long-Term investment with a projected -5.06% first-year return on $51,240 initial cash invested.

-5.06%

Cash On Cash

5.67%

Cap Rate

0.9

DSCR

$1,838

Rent

-$216

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$244k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,240

Downpayment

20%

$48,800

Closing costs

1%

$2,440

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,838

Total Expenses

$2,054

Mortgage P&I

69%

$1,277

Property Taxes

12%

$212

Home Insurance

5%

$87

HOA

0%

$0

Property Management

10%

$184

CapEx

5%

$92

Vacancy

6%

$110

Maintenance

5%

$92

Other

0%

$0

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