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304 Balsam Rd, Roscommon, MI 48653

3 beds • 2 baths • 1834 sqft

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This property looks like a bad Long-Term investment with a projected -12.58% first-year return on $93,408 initial cash invested.

-12.58%

Cash On Cash

3.49%

Cap Rate

0.6

DSCR

$1,979

Rent

-$979

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$445k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,408

Downpayment

20%

$88,960

Closing costs

1%

$4,448

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,979

Total Expenses

$2,958

Mortgage P&I

110%

$2,173

Property Taxes

6%

$113

Home Insurance

8%

$157

HOA

0%

$0

Property Management

10%

$198

CapEx

5%

$99

Vacancy

6%

$119

Maintenance

5%

$99

Other

0%

$0

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