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3324 Hartslock Woods Dr, West Bloomfield, MI 48322
3 beds • 3 baths • 2542 sqft
$465,700
View on ZillowThis property looks like a bad Long-Term investment with a projected -6.47% first-year return on $97,797 initial cash invested.
-6.47%
Cash On Cash
5.12%
Cap Rate
0.85
DSCR
$3,300
Rent
-$527
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,300 income − $3,827 expenses = $527 out of pocket
Investment Breakdown
|
Purchase Price
$466k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,797
Downpayment
20%
$93,140
Closing costs
1%
$4,657
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,300
Total Expenses
$3,827
Mortgage P&I
71%
$2,350
Property Taxes
14%
$447
Home Insurance
5%
$166
HOA
0%
$6
Property Management
10%
$330
CapEx
5%
$165
Vacancy
6%
$198
Maintenance
5%
$165
Other
0%
$0