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$5,418 (target)

3155 Sandy Dr SW, Wyoming, MI 49418

3 beds • 3 baths • 2694 sqft

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This property might be a fair Mid-Term investment with a projected 4.43% first-year return on $121k initial cash invested.

4.43%

Cash On Cash

7.7%

Cap Rate

1.27

DSCR

$5,418

Rent

$448

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,418 income − $4,970 expenses = $448 cash flow

Income$5,418Mortgage P&I$2,49846%Property Taxes$4548%Insurance$1753%Management$65012%CapEx$2174%Vacancy$1633%Maintenance$2174%Other$59611%Cash Flow$448

Investment Breakdown

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Purchase Price

$493k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$98,560

Closing costs

1%

$4,928

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,418

Total Expenses

$4,970

Mortgage P&I

46%

$2,498

Property Taxes

8%

$454

Home Insurance

3%

$175

HOA

0%

$0

Property Management

12%

$650

CapEx

4%

$217

Vacancy

3%

$163

Maintenance

4%

$217

Other

11%

$596

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