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$3,032 (target)

3404 15th St, Wyandotte, MI 48192

3 beds • 2 baths • 1123 sqft

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This property could be a profitable Mid-Term investment with a projected 16.29% first-year return on $57,396 initial cash invested.

16.29%

Cash On Cash

12.33%

Cap Rate

1.88

DSCR

$3,032

Rent

$779

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,032 income − $2,253 expenses = $779 cash flow

Income$3,032Mortgage P&I$1,02734%Property Taxes$1314%Insurance$642%Management$36412%CapEx$1214%Vacancy$913%Maintenance$1214%Other$33411%Cash Flow$779

Investment Breakdown

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Purchase Price

$188k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,396

Downpayment

20%

$37,520

Closing costs

1%

$1,876

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$3,032

Total Expenses

$2,253

Mortgage P&I

34%

$1,027

Property Taxes

4%

$131

Home Insurance

2%

$64

HOA

0%

$0

Property Management

12%

$364

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$334

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