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34651 Wood St, Livonia, MI 48154

4 beds • 3 baths • 2448 sqft

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This property looks like a bad Long-Term investment with a projected -8.86% first-year return on $96,348 initial cash invested.

-8.86%

Cash On Cash

4.46%

Cap Rate

0.75

DSCR

$2,990

Rent

-$711

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$459k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,348

Downpayment

20%

$91,760

Closing costs

1%

$4,588

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,990

Total Expenses

$3,701

Mortgage P&I

76%

$2,266

Property Taxes

17%

$494

Home Insurance

5%

$163

HOA

0%

$0

Property Management

10%

$299

CapEx

5%

$150

Vacancy

6%

$179

Maintenance

5%

$150

Other

0%

$0

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Comparable Property

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SQFT

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3

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2

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2

1

2020

0.9 mi

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5

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0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

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$2,850

5

4

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0.6 mi

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