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$3,052 (target)

27769 Gilbert Dr, Warren, MI 48093

3 beds • 2 baths • 1806 sqft

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This property might be a fair Mid-Term investment with a projected 1.53% first-year return on $84,150 initial cash invested.

1.53%

Cash On Cash

6.88%

Cap Rate

1.15

DSCR

$3,052

Rent

$107

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,052 income − $2,945 expenses = $107 cash flow

Income$3,052Mortgage P&I$1,57852%Property Taxes$2197%Insurance$1104%Management$36612%CapEx$1224%Vacancy$923%Maintenance$1224%Other$33611%Cash Flow$107

Investment Breakdown

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Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,150

Downpayment

20%

$63,000

Closing costs

1%

$3,150

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,052

Total Expenses

$2,945

Mortgage P&I

52%

$1,578

Property Taxes

7%

$219

Home Insurance

4%

$110

HOA

0%

$0

Property Management

12%

$366

CapEx

4%

$122

Vacancy

3%

$92

Maintenance

4%

$122

Other

11%

$336

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