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29256 Utley Rd, Farmington Hills, MI 48334

3 beds • 2 baths • 2836 sqft

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This property looks like a bad Long-Term investment with a projected -14.08% first-year return on $81,501 initial cash invested.

-14.08%

Cash On Cash

3.41%

Cap Rate

0.57

DSCR

$2,372

Rent

-$956

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$388k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,501

Downpayment

20%

$77,620

Closing costs

1%

$3,881

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,372

Total Expenses

$3,328

Mortgage P&I

82%

$1,940

Property Taxes

27%

$645

Home Insurance

5%

$126

HOA

0%

$0

Property Management

10%

$237

CapEx

5%

$119

Vacancy

6%

$142

Maintenance

5%

$119

Other

0%

$0

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