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32547 Chesterbrook St, Farmington Hills, MI 48334
3 beds • 3 baths • 3365 sqft
$414,999
View on ZillowThis property looks like a bad Long-Term investment with a projected -8.77% first-year return on $87,150 initial cash invested.
-8.77%
Cash On Cash
4.61%
Cap Rate
0.76
DSCR
$2,691
Rent
-$637
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,691 income − $3,328 expenses = $637 out of pocket
Investment Breakdown
|
Purchase Price
$415k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$87,150
Downpayment
20%
$83,000
Closing costs
1%
$4,150
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,691
Total Expenses
$3,328
Mortgage P&I
78%
$2,097
Property Taxes
14%
$386
Home Insurance
5%
$145
HOA
0%
$0
Property Management
10%
$269
CapEx
5%
$135
Vacancy
6%
$161
Maintenance
5%
$135
Other
0%
$0