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$2,518 (target)

31750 Hazelwood St, Westland, MI 48186

3 beds • 2 baths • 1682 sqft

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This property might be a fair Mid-Term investment with a projected 0.75% first-year return on $65,523 initial cash invested.

0.75%

Cash On Cash

7.2%

Cap Rate

1.12

DSCR

$2,518

Rent

$41

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,518 income − $2,477 expenses = $41 cash flow

Income$2,518Mortgage P&I$1,21548%Property Taxes$33113%Insurance$743%Management$30212%CapEx$1014%Vacancy$763%Maintenance$1014%Other$27711%Cash Flow$41

Investment Breakdown

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Purchase Price

$226k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,523

Downpayment

20%

$45,260

Closing costs

1%

$2,263

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,518

Total Expenses

$2,477

Mortgage P&I

48%

$1,215

Property Taxes

13%

$331

Home Insurance

3%

$74

HOA

0%

$0

Property Management

12%

$302

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$277

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