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32515 Nottingham Knls, Farmington Hills, MI 48334
3 beds • 2 baths • 1525 sqft
$329,900
View on ZillowThis property could be a profitable Mid-Term investment with a projected 11.96% first-year return on $87,279 initial cash invested.
11.96%
Cash On Cash
10.15%
Cap Rate
1.63
DSCR
$5,164
Rent
$870
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,164 income − $4,294 expenses = $870 cash flow
Investment Breakdown
|
Purchase Price
$330k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,279
Downpayment
20%
$65,980
Closing costs
1%
$3,299
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$5,164
Total Expenses
$4,294
Mortgage P&I
33%
$1,714
Property Taxes
11%
$590
Home Insurance
2%
$116
HOA
2%
$117
Property Management
12%
$620
CapEx
4%
$207
Vacancy
3%
$155
Maintenance
4%
$207
Other
11%
$568