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3196 Helen St, Detroit, MI 48207

4 beds • 3 baths • 2567 sqft

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This property could be a profitable Long-Term investment with a projected 10.67% first-year return on $40,929 initial cash invested.

10.67%

Cash On Cash

9.11%

Cap Rate

1.46

DSCR

$2,090

Rent

$364

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$195k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,929

Downpayment

20%

$38,980

Closing costs

1%

$1,949

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,090

Total Expenses

$1,726

Mortgage P&I

48%

$1,011

Property Taxes

5%

$105

Home Insurance

3%

$68

HOA

0%

$0

Property Management

10%

$209

CapEx

5%

$104

Vacancy

6%

$125

Maintenance

5%

$104

Other

0%

$0

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