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$5,018 (target)

26631 Triple Crown Ct, South Lyon, MI 48178

3 beds • 3 baths • 2287 sqft

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This property looks like a bad Mid-Term investment with a projected -8.79% first-year return on $144k initial cash invested.

-8.79%

Cash On Cash

5.05%

Cap Rate

0.75

DSCR

$5,018

Rent

-$1,052

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,018 income − $6,070 expenses = $1,052 out of pocket

Income$5,018Out of Pocket$1,052Mortgage P&I$3,36967%Property Taxes$66813%Insurance$2094%HOA$1172%Management$60212%CapEx$2014%Vacancy$1513%Maintenance$2014%Other$55211%

Investment Breakdown

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Purchase Price

$598k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$144k

Downpayment

20%

$120k

Closing costs

1%

$5,980

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,018

Total Expenses

$6,070

Mortgage P&I

67%

$3,369

Property Taxes

13%

$668

Home Insurance

4%

$209

HOA

2%

$117

Property Management

12%

$602

CapEx

4%

$201

Vacancy

3%

$151

Maintenance

4%

$201

Other

11%

$552

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