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32484 Chesterbrook St, Farmington Hills, MI 48334
3 beds • 3 baths • 2677 sqft
$390,000
View on ZillowThis property looks like a bad Long-Term investment with a projected -9% first-year return on $81,900 initial cash invested.
-9%
Cash On Cash
4.43%
Cap Rate
0.75
DSCR
$2,586
Rent
-$614
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,586 income − $3,200 expenses = $614 out of pocket
Investment Breakdown
|
Purchase Price
$390k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,900
Downpayment
20%
$78,000
Closing costs
1%
$3,900
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,586
Total Expenses
$3,200
Mortgage P&I
74%
$1,925
Property Taxes
18%
$461
Home Insurance
5%
$140
HOA
0%
$2
Property Management
10%
$259
CapEx
5%
$129
Vacancy
6%
$155
Maintenance
5%
$129
Other
0%
$0