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$2,060 (target)

27073 Gilbert Dr, Warren, MI 48093

3 beds • 2 baths • 960 sqft

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This property might be a fair Mid-Term investment with a projected 6.4% first-year return on $51,201 initial cash invested.

6.4%

Cash On Cash

8.66%

Cap Rate

1.45

DSCR

$2,060

Rent

$273

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,060 income − $1,787 expenses = $273 cash flow

Income$2,060Mortgage P&I$78638%Property Taxes$20710%Insurance$945%Management$24712%CapEx$824%Vacancy$623%Maintenance$824%Other$22711%Cash Flow$273

Investment Breakdown

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Purchase Price

$158k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,201

Downpayment

20%

$31,620

Closing costs

1%

$1,581

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,060

Total Expenses

$1,787

Mortgage P&I

38%

$786

Property Taxes

10%

$207

Home Insurance

5%

$94

HOA

0%

$0

Property Management

12%

$247

CapEx

4%

$82

Vacancy

3%

$62

Maintenance

4%

$82

Other

11%

$227

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