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$3,098 (target)

2642 Littletell Ave, West Bloomfield, MI 48324

3 beds • 2 baths • 1530 sqft

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This property might be a fair Mid-Term investment with a projected 1.41% first-year return on $79,383 initial cash invested.

1.41%

Cash On Cash

6.97%

Cap Rate

1.15

DSCR

$3,098

Rent

$93

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,098 income − $3,005 expenses = $93 cash flow

Income$3,098Mortgage P&I$1,48148%Property Taxes$36512%Insurance$1053%Management$37212%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34111%Cash Flow$93

Investment Breakdown

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Purchase Price

$292k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,383

Downpayment

20%

$58,460

Closing costs

1%

$2,923

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,098

Total Expenses

$3,005

Mortgage P&I

48%

$1,481

Property Taxes

12%

$365

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$372

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$341

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