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$1,978 (target)

30233 Sharon Ln, Warren, MI 48088

3 beds • 2 baths • 1330 sqft

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This property looks like a bad Long-Term investment with a projected -4.91% first-year return on $49,350 initial cash invested.

-4.91%

Cash On Cash

6.24%

Cap Rate

0.92

DSCR

$1,978

Rent

-$202

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,978 income − $2,180 expenses = $202 out of pocket

Income$1,978Out of Pocket$202Mortgage P&I$1,32567%Property Taxes$25813%Insurance$824%Management$19810%CapEx$995%Vacancy$1196%Maintenance$995%

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,978

Total Expenses

$2,180

Mortgage P&I

67%

$1,325

Property Taxes

13%

$258

Home Insurance

4%

$82

HOA

0%

$0

Property Management

10%

$198

CapEx

5%

$99

Vacancy

6%

$119

Maintenance

5%

$99

Other

0%

$0

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