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$4,054 (target)

3034 Woodslee Dr, Royal Oak, MI 48073

3 beds • 2 baths • 2196 sqft

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This property might be a fair Mid-Term investment with a projected 3.89% first-year return on $89,757 initial cash invested.

3.89%

Cash On Cash

7.99%

Cap Rate

1.25

DSCR

$4,054

Rent

$291

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,054 income − $3,763 expenses = $291 cash flow

Income$4,054Mortgage P&I$1,82245%Property Taxes$44111%Insurance$1223%Management$48612%CapEx$1624%Vacancy$1223%Maintenance$1624%Other$44611%Cash Flow$291

Investment Breakdown

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Purchase Price

$342k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,757

Downpayment

20%

$68,340

Closing costs

1%

$3,417

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,054

Total Expenses

$3,763

Mortgage P&I

45%

$1,822

Property Taxes

11%

$441

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$486

CapEx

4%

$162

Vacancy

3%

$122

Maintenance

4%

$162

Other

11%

$446

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