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$5,222 (target)

2533 Spring Grove Dr, Brighton, MI 48114

3 beds • 3 baths • 3012 sqft

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This property looks like a bad Mid-Term investment with a projected -5.25% first-year return on $170k initial cash invested.

-5.25%

Cash On Cash

5.02%

Cap Rate

0.85

DSCR

$5,222

Rent

-$745

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,222 income − $5,967 expenses = $745 out of pocket

Income$5,222Out of Pocket$745Mortgage P&I$3,57168%Property Taxes$3667%Insurance$2545%Management$62712%CapEx$2094%Vacancy$1573%Maintenance$2094%Other$57411%

Investment Breakdown

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Purchase Price

$725k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$170k

Downpayment

20%

$145k

Closing costs

1%

$7,250

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,222

Total Expenses

$5,967

Mortgage P&I

68%

$3,571

Property Taxes

7%

$366

Home Insurance

5%

$254

HOA

0%

$0

Property Management

12%

$627

CapEx

4%

$209

Vacancy

3%

$157

Maintenance

4%

$209

Other

11%

$574

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