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2752 Bamlet Rd, Royal Oak, MI 48073

3 beds • 2 baths • 2060 sqft

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This property might be a fair Mid-Term investment with a projected 7.58% first-year return on $67,140 initial cash invested.

7.58%

Cash On Cash

8.66%

Cap Rate

1.48

DSCR

$3,046

Rent

$424

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$234k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,140

Downpayment

20%

$46,800

Closing costs

1%

$2,340

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,046

Total Expenses

$2,622

Mortgage P&I

37%

$1,142

Property Taxes

10%

$304

Home Insurance

5%

$140

HOA

0%

$0

Property Management

12%

$366

CapEx

4%

$122

Vacancy

3%

$91

Maintenance

4%

$122

Other

11%

$335

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