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3324 Hartslock Woods Dr, West Bloomfield, MI 48322
3 beds • 3 baths • 2542 sqft
$465,700
View on ZillowThis property might be a fair Mid-Term investment with a projected 3.1% first-year return on $116k initial cash invested.
3.1%
Cash On Cash
7.34%
Cap Rate
1.21
DSCR
$4,950
Rent
$299
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,950 income − $4,651 expenses = $299 cash flow
Investment Breakdown
|
Purchase Price
$466k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$116k
Downpayment
20%
$93,140
Closing costs
1%
$4,657
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,950
Total Expenses
$4,651
Mortgage P&I
47%
$2,350
Property Taxes
9%
$447
Home Insurance
3%
$166
HOA
0%
$6
Property Management
12%
$594
CapEx
4%
$198
Vacancy
3%
$148
Maintenance
4%
$198
Other
11%
$544