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$3,183 (target)

2679 Lacota Rd, Waterford, MI 48328

3 beds • 2 baths • 1511 sqft

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This property might be a fair Mid-Term investment with a projected 0.1% first-year return on $81,882 initial cash invested.

0.1%

Cash On Cash

6.48%

Cap Rate

1.09

DSCR

$3,183

Rent

$7

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,183 income − $3,176 expenses = $7 cash flow

Income$3,183Mortgage P&I$1,50847%Property Taxes$42913%Insurance$1083%HOA$502%Management$38212%CapEx$1274%Vacancy$953%Maintenance$1274%Other$35011%Cash Flow$7

Investment Breakdown

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Purchase Price

$304k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,882

Downpayment

20%

$60,840

Closing costs

1%

$3,042

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,183

Total Expenses

$3,176

Mortgage P&I

47%

$1,508

Property Taxes

13%

$429

Home Insurance

3%

$108

HOA

2%

$50

Property Management

12%

$382

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$350

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