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$3,423 (target)

2926 Lansdowne Rd, Waterford, MI 48329

3 beds • 2 baths • 1536 sqft

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This property might be a fair Mid-Term investment with a projected 0.9% first-year return on $82,407 initial cash invested.

0.9%

Cash On Cash

7.35%

Cap Rate

1.12

DSCR

$3,423

Rent

$62

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,423 income − $3,361 expenses = $62 cash flow

Income$3,423Mortgage P&I$1,67949%Property Taxes$39812%Insurance$1193%Management$41112%CapEx$1374%Vacancy$1033%Maintenance$1374%Other$37711%Cash Flow$62

Investment Breakdown

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Purchase Price

$307k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,407

Downpayment

20%

$61,340

Closing costs

1%

$3,067

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,423

Total Expenses

$3,361

Mortgage P&I

49%

$1,679

Property Taxes

12%

$398

Home Insurance

3%

$119

HOA

0%

$0

Property Management

12%

$411

CapEx

4%

$137

Vacancy

3%

$103

Maintenance

4%

$137

Other

11%

$377

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