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25015 Chernick St, Taylor, MI 48180

3 beds • 2 baths • 2072 sqft

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This property looks like a bad Long-Term investment with a projected -12.76% first-year return on $51,366 initial cash invested.

-12.76%

Cash On Cash

4.07%

Cap Rate

0.64

DSCR

$1,639

Rent

-$546

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$245k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,366

Downpayment

20%

$48,920

Closing costs

1%

$2,446

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,639

Total Expenses

$2,185

Mortgage P&I

79%

$1,294

Property Taxes

23%

$379

Home Insurance

5%

$86

HOA

0%

$0

Property Management

10%

$164

CapEx

5%

$82

Vacancy

6%

$98

Maintenance

5%

$82

Other

0%

$0

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