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$2,710 (target)

33711 Rosslyn Ave, Garden City, MI 48135

3 beds • 2 baths • 1836 sqft

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This property might be a fair Mid-Term investment with a projected 0.57% first-year return on $65,229 initial cash invested.

0.57%

Cash On Cash

7.17%

Cap Rate

1.12

DSCR

$2,710

Rent

$31

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,710 income − $2,679 expenses = $31 cash flow

Income$2,710Mortgage P&I$1,20544%Property Taxes$47518%Insurance$793%Management$32512%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29811%Cash Flow$31

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,229

Downpayment

20%

$44,980

Closing costs

1%

$2,249

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,710

Total Expenses

$2,679

Mortgage P&I

44%

$1,205

Property Taxes

18%

$475

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$325

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$298

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