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3025 Reeder Rd, Clarkston, MI 48346

3 beds • 3 baths • 2342 sqft

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This property might be a fair Mid-Term investment with a projected 0.49% first-year return on $90,576 initial cash invested.

0.49%

Cash On Cash

6.51%

Cap Rate

1.1

DSCR

$3,246

Rent

$37

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$346k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,576

Downpayment

20%

$69,120

Closing costs

1%

$3,456

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,246

Total Expenses

$3,209

Mortgage P&I

53%

$1,707

Property Taxes

9%

$276

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$390

CapEx

4%

$130

Vacancy

3%

$97

Maintenance

4%

$130

Other

11%

$357

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