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$3,770 (target)

2456 Chilson Rd, Howell, MI 48843

3 beds • 2 baths • 1764 sqft

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This property might be a fair Mid-Term investment with a projected 3.49% first-year return on $93,579 initial cash invested.

3.49%

Cash On Cash

7.46%

Cap Rate

1.23

DSCR

$3,770

Rent

$272

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,770 income − $3,498 expenses = $272 cash flow

Income$3,770Mortgage P&I$1,81348%Property Taxes$2507%Insurance$1534%Management$45212%CapEx$1514%Vacancy$1133%Maintenance$1514%Other$41511%Cash Flow$272

Investment Breakdown

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Purchase Price

$360k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,579

Downpayment

20%

$71,980

Closing costs

1%

$3,599

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,770

Total Expenses

$3,498

Mortgage P&I

48%

$1,813

Property Taxes

7%

$250

Home Insurance

4%

$153

HOA

0%

$0

Property Management

12%

$452

CapEx

4%

$151

Vacancy

3%

$113

Maintenance

4%

$151

Other

11%

$415

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