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3300 Viking Dr, Commerce Township, MI 48390

3 beds • 3 baths • 3329 sqft

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This property might be a fair Mid-Term investment with a projected 2.22% first-year return on $109k initial cash invested.

2.22%

Cash On Cash

6.9%

Cap Rate

1.18

DSCR

$4,368

Rent

$202

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$434k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,800

Closing costs

1%

$4,340

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,368

Total Expenses

$4,166

Mortgage P&I

48%

$2,118

Property Taxes

9%

$394

Home Insurance

3%

$152

HOA

0%

$17

Property Management

12%

$524

CapEx

4%

$175

Vacancy

3%

$131

Maintenance

4%

$175

Other

11%

$480

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