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$1,611 (target)

24612 Rosalind Ave, Eastpointe, MI 48021

3 beds • 2 baths • 1913 sqft

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This property looks like a bad Mid-Term investment with a projected -2.5% first-year return on $54,750 initial cash invested.

-2.5%

Cash On Cash

6.1%

Cap Rate

0.95

DSCR

$1,611

Rent

-$114

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,611 income − $1,725 expenses = $114 out of pocket

Income$1,611Out of Pocket$114Mortgage P&I$94058%Property Taxes$17811%Insurance$614%Management$19312%CapEx$644%Vacancy$483%Maintenance$644%Other$17711%

Investment Breakdown

|

Purchase Price

$175k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,750

Downpayment

20%

$35,000

Closing costs

1%

$1,750

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,611

Total Expenses

$1,725

Mortgage P&I

58%

$940

Property Taxes

11%

$178

Home Insurance

4%

$61

HOA

0%

$0

Property Management

12%

$193

CapEx

4%

$64

Vacancy

3%

$48

Maintenance

4%

$64

Other

11%

$177

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