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$2,866 (target)

296 Hershey Blvd, Waterford, MI 48327

3 beds • 2 baths • 2086 sqft

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This property looks like a bad Mid-Term investment with a projected -1.59% first-year return on $75,456 initial cash invested.

-1.59%

Cash On Cash

6.68%

Cap Rate

1.01

DSCR

$2,866

Rent

-$100

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,866 income − $2,966 expenses = $100 out of pocket

Income$2,866Out of Pocket$100Mortgage P&I$1,50753%Property Taxes$38413%Insurance$1003%Management$34412%CapEx$1154%Vacancy$863%Maintenance$1154%Other$31511%

Investment Breakdown

|

Purchase Price

$274k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,456

Downpayment

20%

$54,720

Closing costs

1%

$2,736

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,866

Total Expenses

$2,966

Mortgage P&I

53%

$1,507

Property Taxes

13%

$384

Home Insurance

3%

$100

HOA

0%

$0

Property Management

12%

$344

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$315

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