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$3,591 (target)

3216 Warren Dr, Waterford, MI 48329

3 beds • 2 baths • 1583 sqft

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This property could be a profitable Mid-Term investment with a projected 20.26% first-year return on $60,000 initial cash invested.

20.26%

Cash On Cash

13.34%

Cap Rate

2.08

DSCR

$3,591

Rent

$1,013

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,591 income − $2,578 expenses = $1,013 cash flow

Income$3,591Mortgage P&I$1,06730%Property Taxes$2196%Insurance$702%Management$43112%CapEx$1444%Vacancy$1083%Maintenance$1444%Other$39511%Cash Flow$1,013

Investment Breakdown

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Purchase Price

$200k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,000

Downpayment

20%

$40,000

Closing costs

1%

$2,000

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,591

Total Expenses

$2,578

Mortgage P&I

30%

$1,067

Property Taxes

6%

$219

Home Insurance

2%

$70

HOA

0%

$0

Property Management

12%

$431

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$395

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