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$3,436 (target)

32704 Ann Arbor Trl, Westland, MI 48185

3 beds • 2 baths • 1600 sqft

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This property might be a fair Mid-Term investment with a projected 1.95% first-year return on $78,690 initial cash invested.

1.95%

Cash On Cash

7.09%

Cap Rate

1.18

DSCR

$3,436

Rent

$128

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,436 income − $3,308 expenses = $128 cash flow

Income$3,436Mortgage P&I$1,44242%Property Taxes$59817%Insurance$1013%Management$41212%CapEx$1374%Vacancy$1033%Maintenance$1374%Other$37811%Cash Flow$128

Investment Breakdown

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Purchase Price

$289k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,690

Downpayment

20%

$57,800

Closing costs

1%

$2,890

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,436

Total Expenses

$3,308

Mortgage P&I

42%

$1,442

Property Taxes

17%

$598

Home Insurance

3%

$101

HOA

0%

$0

Property Management

12%

$412

CapEx

4%

$137

Vacancy

3%

$103

Maintenance

4%

$137

Other

11%

$378

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