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35339 W Thirteen Mile Rd, Farmington Hills, MI 48331
3 beds • 3 baths • 2774 sqft
$964,300
View on ZillowThis property looks like a bad Long-Term investment with a projected -19.18% first-year return on $203k initial cash invested.
-19.18%
Cash On Cash
2.06%
Cap Rate
0.35
DSCR
$3,544
Rent
-$3,236
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$964k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$203k
Downpayment
20%
$193k
Closing costs
1%
$9,643
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,544
Total Expenses
$6,780
Mortgage P&I
133%
$4,712
Property Taxes
22%
$797
Home Insurance
10%
$350
HOA
0%
$0
Property Management
10%
$354
CapEx
5%
$177
Vacancy
6%
$213
Maintenance
5%
$177
Other
0%
$0