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27827 Westcott Crescent Cir, Farmington Hills, MI 48334
3 beds • 2 baths • 1592 sqft
$359,000
View on ZillowThis property looks like a bad Long-Term investment with a projected -10.86% first-year return on $75,390 initial cash invested.
-10.86%
Cash On Cash
4.07%
Cap Rate
0.68
DSCR
$2,313
Rent
-$682
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,313 income − $2,995 expenses = $682 out of pocket
Investment Breakdown
|
Purchase Price
$359k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,390
Downpayment
20%
$71,800
Closing costs
1%
$3,590
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,313
Total Expenses
$2,995
Mortgage P&I
77%
$1,785
Property Taxes
21%
$491
Home Insurance
5%
$117
HOA
0%
$0
Property Management
10%
$231
CapEx
5%
$116
Vacancy
6%
$139
Maintenance
5%
$116
Other
0%
$0