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$1,725 (target)

27374 Townsend Ave, Warren, MI 48092

3 beds • 2 baths • 1865 sqft

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This property looks like a bad Long-Term investment with a projected -9.6% first-year return on $45,864 initial cash invested.

-9.6%

Cash On Cash

4.86%

Cap Rate

0.76

DSCR

$1,725

Rent

-$367

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,725 income − $2,092 expenses = $367 out of pocket

Income$1,725Out of Pocket$367Mortgage P&I$1,16568%Property Taxes$40023%Insurance$795%Management$17210%CapEx$865%Vacancy$1046%Maintenance$865%

Investment Breakdown

|

Purchase Price

$218k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,864

Downpayment

20%

$43,680

Closing costs

1%

$2,184

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,725

Total Expenses

$2,092

Mortgage P&I

68%

$1,165

Property Taxes

23%

$400

Home Insurance

5%

$79

HOA

0%

$0

Property Management

10%

$172

CapEx

5%

$86

Vacancy

6%

$104

Maintenance

5%

$86

Other

0%

$0

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