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$2,664 (target)

28010 Rollcrest Rd, Farmington Hills, MI 48334

3 beds • 2 baths • 1307 sqft

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This property looks like a bad Mid-Term investment with a projected -2.19% first-year return on $58,635 initial cash invested.

-2.19%

Cash On Cash

6.79%

Cap Rate

1

DSCR

$2,664

Rent

-$107

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,664 income − $2,771 expenses = $107 out of pocket

Income$2,664Out of Pocket$107Mortgage P&I$1,09541%Property Taxes$69526%Insurance$743%Management$32012%CapEx$1074%Vacancy$803%Maintenance$1074%Other$29311%

Investment Breakdown

|

Purchase Price

$194k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,635

Downpayment

20%

$38,700

Closing costs

1%

$1,935

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,664

Total Expenses

$2,771

Mortgage P&I

41%

$1,095

Property Taxes

26%

$695

Home Insurance

3%

$74

HOA

0%

$0

Property Management

12%

$320

CapEx

4%

$107

Vacancy

3%

$80

Maintenance

4%

$107

Other

11%

$293

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