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3212 Edgewood Park Dr, Commerce Township, MI 48382
3 beds • 4 baths • 3712 sqft
$874,900
View on ZillowThis property looks like a bad Mid-Term investment with a projected -16.58% first-year return on $202k initial cash invested.
-16.58%
Cash On Cash
2.5%
Cap Rate
0.41
DSCR
$4,347
Rent
-$2,788
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,347 income − $7,135 expenses = $2,788 out of pocket
Investment Breakdown
|
Purchase Price
$875k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$202k
Downpayment
20%
$175k
Closing costs
1%
$8,749
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,347
Total Expenses
$7,135
Mortgage P&I
102%
$4,436
Property Taxes
20%
$855
Home Insurance
7%
$306
HOA
1%
$60
Property Management
12%
$522
CapEx
4%
$174
Vacancy
3%
$130
Maintenance
4%
$174
Other
11%
$478