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2473 Rose St, Howell, MI 48843

3 beds • 4 baths • 3736 sqft

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This property could be a profitable Mid-Term investment with a projected 10.94% first-year return on $110k initial cash invested.

10.94%

Cash On Cash

9.25%

Cap Rate

1.57

DSCR

$5,654

Rent

$1,005

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$439k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,860

Closing costs

1%

$4,393

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,654

Total Expenses

$4,649

Mortgage P&I

38%

$2,155

Property Taxes

7%

$416

Home Insurance

3%

$156

HOA

0%

$0

Property Management

12%

$678

CapEx

4%

$226

Vacancy

3%

$170

Maintenance

4%

$226

Other

11%

$622

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