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$2,378 (target)

3400 Ludwig Rd, Oxford, MI 48371

3 beds • 2 baths • 3150 sqft

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This property looks like a bad Mid-Term investment with a projected -11% first-year return on $102k initial cash invested.

-11%

Cash On Cash

3.46%

Cap Rate

0.58

DSCR

$2,378

Rent

-$931

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,378 income − $3,309 expenses = $931 out of pocket

Income$2,378Out of Pocket$931Mortgage P&I$1,98583%Property Taxes$38116%Insurance$1356%Management$28512%CapEx$954%Vacancy$713%Maintenance$954%Other$26211%

Investment Breakdown

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Purchase Price

$398k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,600

Closing costs

1%

$3,980

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,378

Total Expenses

$3,309

Mortgage P&I

83%

$1,985

Property Taxes

16%

$381

Home Insurance

6%

$135

HOA

0%

$0

Property Management

12%

$285

CapEx

4%

$95

Vacancy

3%

$71

Maintenance

4%

$95

Other

11%

$262

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