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$3,378 (target)

30498 Caroline Emily Dr, Chesterfield, MI 48051

3 beds • 3 baths • 1494 sqft

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This property might be a fair Mid-Term investment with a projected 4.62% first-year return on $78,711 initial cash invested.

4.62%

Cash On Cash

7.81%

Cap Rate

1.3

DSCR

$3,378

Rent

$303

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,378 income − $3,075 expenses = $303 cash flow

Income$3,378Mortgage P&I$1,44343%Property Taxes$2979%Insurance$1023%HOA$853%Management$40512%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37211%Cash Flow$303

Investment Breakdown

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Purchase Price

$289k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,711

Downpayment

20%

$57,820

Closing costs

1%

$2,891

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,378

Total Expenses

$3,075

Mortgage P&I

43%

$1,443

Property Taxes

9%

$297

Home Insurance

3%

$102

HOA

3%

$85

Property Management

12%

$405

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$372

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