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$4,710 (target)

32563 Sutton Rd, Chesterfield, MI 48047

3 beds • 2 baths • 1600 sqft

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This property might be a fair Mid-Term investment with a projected 2.71% first-year return on $114k initial cash invested.

2.71%

Cash On Cash

7.23%

Cap Rate

1.19

DSCR

$4,710

Rent

$258

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,710 income − $4,452 expenses = $258 cash flow

Income$4,710Mortgage P&I$2,32049%Property Taxes$3718%Insurance$1613%Management$56512%CapEx$1884%Vacancy$1413%Maintenance$1884%Other$51811%Cash Flow$258

Investment Breakdown

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Purchase Price

$459k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$91,820

Closing costs

1%

$4,591

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,710

Total Expenses

$4,452

Mortgage P&I

49%

$2,320

Property Taxes

8%

$371

Home Insurance

3%

$161

HOA

0%

$0

Property Management

12%

$565

CapEx

4%

$188

Vacancy

3%

$141

Maintenance

4%

$188

Other

11%

$518

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