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$4,126 (target)

2780 W Clarkston Rd, Lake Orion, MI 48362

3 beds • 2 baths • 1716 sqft

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This property might be a fair Mid-Term investment with a projected 1.61% first-year return on $89,526 initial cash invested.

1.61%

Cash On Cash

7.27%

Cap Rate

1.16

DSCR

$4,126

Rent

$120

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,126 income − $4,006 expenses = $120 cash flow

Income$4,126Mortgage P&I$1,77843%Property Taxes$70317%Insurance$1223%Management$49512%CapEx$1654%Vacancy$1243%Maintenance$1654%Other$45411%Cash Flow$120

Investment Breakdown

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Purchase Price

$341k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,526

Downpayment

20%

$68,120

Closing costs

1%

$3,406

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,126

Total Expenses

$4,006

Mortgage P&I

43%

$1,778

Property Taxes

17%

$703

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$495

CapEx

4%

$165

Vacancy

3%

$124

Maintenance

4%

$165

Other

11%

$454

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