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$3,784 (target)

2905 Saddlebrook Ct, Pinckney, MI 48169

3 beds • 2 baths • 3089 sqft

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This property looks like a bad Mid-Term investment with a projected -1.93% first-year return on $104k initial cash invested.

-1.93%

Cash On Cash

6.08%

Cap Rate

0.99

DSCR

$3,784

Rent

-$167

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,784 income − $3,951 expenses = $167 out of pocket

Income$3,784Out of Pocket$167Mortgage P&I$2,09055%Property Taxes$3579%Insurance$1454%HOA$732%Management$45412%CapEx$1514%Vacancy$1143%Maintenance$1514%Other$41611%

Investment Breakdown

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Purchase Price

$409k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$81,880

Closing costs

1%

$4,094

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,784

Total Expenses

$3,951

Mortgage P&I

55%

$2,090

Property Taxes

9%

$357

Home Insurance

4%

$145

HOA

2%

$73

Property Management

12%

$454

CapEx

4%

$151

Vacancy

3%

$114

Maintenance

4%

$151

Other

11%

$416

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