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$1,978 (target)

34101 Sequoia St, Westland, MI 48185

3 beds • 2 baths • 1088 sqft

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This property looks like a bad Long-Term investment with a projected -7.25% first-year return on $54,474 initial cash invested.

-7.25%

Cash On Cash

4.91%

Cap Rate

0.82

DSCR

$1,978

Rent

-$329

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,978 income − $2,307 expenses = $329 out of pocket

Income$1,978Out of Pocket$329Mortgage P&I$1,29165%Property Taxes$40821%Insurance$935%Management$19810%CapEx$995%Vacancy$1196%Maintenance$995%

Investment Breakdown

|

Purchase Price

$259k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,474

Downpayment

20%

$51,880

Closing costs

1%

$2,594

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,978

Total Expenses

$2,307

Mortgage P&I

65%

$1,291

Property Taxes

21%

$408

Home Insurance

5%

$93

HOA

0%

$0

Property Management

10%

$198

CapEx

5%

$99

Vacancy

6%

$119

Maintenance

5%

$99

Other

0%

$0

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