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$3,242 (target)

2789 Hickory Lawn Rd, Rochester Hills, MI 48307

3 beds • 2 baths • 1152 sqft

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This property looks like a bad Mid-Term investment with a projected -0.99% first-year return on $85,956 initial cash invested.

-0.99%

Cash On Cash

6.62%

Cap Rate

1.03

DSCR

$3,242

Rent

-$71

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,242 income − $3,313 expenses = $71 out of pocket

Income$3,242Out of Pocket$71Mortgage P&I$1,72553%Property Taxes$36911%Insurance$1164%Management$38912%CapEx$1304%Vacancy$973%Maintenance$1304%Other$35711%

Investment Breakdown

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Purchase Price

$324k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,956

Downpayment

20%

$64,720

Closing costs

1%

$3,236

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,242

Total Expenses

$3,313

Mortgage P&I

53%

$1,725

Property Taxes

11%

$369

Home Insurance

4%

$116

HOA

0%

$0

Property Management

12%

$389

CapEx

4%

$130

Vacancy

3%

$97

Maintenance

4%

$130

Other

11%

$357

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