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2721 Midvale Dr, Rochester Hills, MI 48309

3 beds • 3 baths • 3079 sqft

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This property might be a fair Mid-Term investment with a projected 1.35% first-year return on $113k initial cash invested.

1.35%

Cash On Cash

6.67%

Cap Rate

1.14

DSCR

$4,388

Rent

$127

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$453k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,560

Closing costs

1%

$4,528

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,388

Total Expenses

$4,261

Mortgage P&I

50%

$2,212

Property Taxes

9%

$394

Home Insurance

4%

$161

HOA

0%

$0

Property Management

12%

$527

CapEx

4%

$176

Vacancy

3%

$132

Maintenance

4%

$176

Other

11%

$483

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