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31212 Saratoga Ave, Warren, MI 48093

3 beds • 2 baths • 1390 sqft

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This property looks like a bad Long-Term investment with a projected -6.9% first-year return on $54,075 initial cash invested.

-6.9%

Cash On Cash

4.87%

Cap Rate

0.83

DSCR

$1,867

Rent

-$311

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$258k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,075

Downpayment

20%

$51,500

Closing costs

1%

$2,575

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,867

Total Expenses

$2,178

Mortgage P&I

68%

$1,263

Property Taxes

18%

$328

Home Insurance

5%

$102

HOA

0%

$0

Property Management

10%

$187

CapEx

5%

$93

Vacancy

6%

$112

Maintenance

5%

$93

Other

0%

$0

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