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$2,678 (target)

35470 Blairmoor Dr, Clinton Township, MI 48035

3 beds • 2 baths • 1659 sqft

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This property might be a fair Mid-Term investment with a projected 3.27% first-year return on $64,893 initial cash invested.

3.27%

Cash On Cash

8.32%

Cap Rate

1.22

DSCR

$2,678

Rent

$177

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,678 income − $2,501 expenses = $177 cash flow

Income$2,678Mortgage P&I$1,26447%Property Taxes$2489%Insurance$793%Management$32112%CapEx$1074%Vacancy$803%Maintenance$1074%Other$29511%Cash Flow$177

Investment Breakdown

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Purchase Price

$223k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,893

Downpayment

20%

$44,660

Closing costs

1%

$2,233

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,678

Total Expenses

$2,501

Mortgage P&I

47%

$1,264

Property Taxes

9%

$248

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$321

CapEx

4%

$107

Vacancy

3%

$80

Maintenance

4%

$107

Other

11%

$295

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