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$4,845 (target)

2987 Leslie Park Cir, Ann Arbor, MI 48105

3 beds • 4 baths • 2868 sqft

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This property looks like a bad Mid-Term investment with a projected -2.63% first-year return on $137k initial cash invested.

-2.63%

Cash On Cash

5.72%

Cap Rate

0.96

DSCR

$4,845

Rent

-$301

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,845 income − $5,146 expenses = $301 out of pocket

Income$4,845Out of Pocket$301Mortgage P&I$2,81958%Property Taxes$3888%Insurance$1924%HOA$1002%Management$58112%CapEx$1944%Vacancy$1453%Maintenance$1944%Other$53311%

Investment Breakdown

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Purchase Price

$569k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$137k

Downpayment

20%

$114k

Closing costs

1%

$5,685

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,845

Total Expenses

$5,146

Mortgage P&I

58%

$2,819

Property Taxes

8%

$388

Home Insurance

4%

$192

HOA

2%

$100

Property Management

12%

$581

CapEx

4%

$194

Vacancy

3%

$145

Maintenance

4%

$194

Other

11%

$533

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