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$3,134 (target)

2649 Thistlewood Dr, Howell, MI 48843

3 beds • 2 baths • 1432 sqft

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This property looks like a bad Mid-Term investment with a projected -0.66% first-year return on $85,137 initial cash invested.

-0.66%

Cash On Cash

6.69%

Cap Rate

1.05

DSCR

$3,134

Rent

-$47

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,134 income − $3,181 expenses = $47 out of pocket

Income$3,134Out of Pocket$47Mortgage P&I$1,70554%Property Taxes$2518%Insurance$1104%HOA$502%Management$37612%CapEx$1254%Vacancy$943%Maintenance$1254%Other$34511%

Investment Breakdown

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Purchase Price

$320k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,137

Downpayment

20%

$63,940

Closing costs

1%

$3,197

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,134

Total Expenses

$3,181

Mortgage P&I

54%

$1,705

Property Taxes

8%

$251

Home Insurance

4%

$110

HOA

2%

$50

Property Management

12%

$376

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$345

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