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29043 Hathaway St, Livonia, MI 48150

3 beds • 1 baths • 1026 sqft

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This property looks like a bad Long-Term investment with a projected -9.07% first-year return on $51,723 initial cash invested.

-9.07%

Cash On Cash

4.83%

Cap Rate

0.77

DSCR

$1,750

Rent

-$391

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$246k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,723

Downpayment

20%

$49,260

Closing costs

1%

$2,463

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,750

Total Expenses

$2,141

Mortgage P&I

74%

$1,294

Property Taxes

17%

$304

Home Insurance

5%

$87

HOA

0%

$0

Property Management

10%

$175

CapEx

5%

$88

Vacancy

6%

$105

Maintenance

5%

$88

Other

0%

$0

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$2,850

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