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$2,889 (target)

28726 Suburban Dr, Warren, MI 48088

3 beds • 2 baths • 2149 sqft

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This property might be a fair Mid-Term investment with a projected 0.51% first-year return on $75,036 initial cash invested.

0.51%

Cash On Cash

6.72%

Cap Rate

1.11

DSCR

$2,889

Rent

$32

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,889 income − $2,857 expenses = $32 cash flow

Income$2,889Mortgage P&I$1,37247%Property Taxes$40514%Insurance$963%Management$34712%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31811%Cash Flow$32

Investment Breakdown

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Purchase Price

$272k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,036

Downpayment

20%

$54,320

Closing costs

1%

$2,716

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,889

Total Expenses

$2,857

Mortgage P&I

47%

$1,372

Property Taxes

14%

$405

Home Insurance

3%

$96

HOA

0%

$0

Property Management

12%

$347

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$318

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