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$2,588 (target)

27374 Townsend Ave, Warren, MI 48092

3 beds • 2 baths • 1865 sqft

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This property might be a fair Mid-Term investment with a projected 1.16% first-year return on $63,864 initial cash invested.

1.16%

Cash On Cash

7.31%

Cap Rate

1.14

DSCR

$2,588

Rent

$62

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,588 income − $2,526 expenses = $62 cash flow

Income$2,588Mortgage P&I$1,16545%Property Taxes$40015%Insurance$793%Management$31112%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28511%Cash Flow$62

Investment Breakdown

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Purchase Price

$218k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,864

Downpayment

20%

$43,680

Closing costs

1%

$2,184

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,588

Total Expenses

$2,526

Mortgage P&I

45%

$1,165

Property Taxes

15%

$400

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$311

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$285

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