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$5,391 (target)

3079 Island Hills Dr, Dexter, MI 48130

3 beds • 4 baths • 3619 sqft

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This property looks like a bad Mid-Term investment with a projected -5.32% first-year return on $156k initial cash invested.

-5.32%

Cash On Cash

5.26%

Cap Rate

0.86

DSCR

$5,391

Rent

-$692

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,391 income − $6,083 expenses = $692 out of pocket

Income$5,391Out of Pocket$692Mortgage P&I$3,35462%Property Taxes$69913%Insurance$1964%Management$64712%CapEx$2164%Vacancy$1623%Maintenance$2164%Other$59311%

Investment Breakdown

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Purchase Price

$657k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$156k

Downpayment

20%

$131k

Closing costs

1%

$6,572

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,391

Total Expenses

$6,083

Mortgage P&I

62%

$3,354

Property Taxes

13%

$699

Home Insurance

4%

$196

HOA

0%

$0

Property Management

12%

$647

CapEx

4%

$216

Vacancy

3%

$162

Maintenance

4%

$216

Other

11%

$593

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