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35656 Saxony Dr, Sterling Heights, MI 48310

3 beds • 2 baths • 2777 sqft

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This property looks like a bad Long-Term investment with a projected -3.7% first-year return on $66,570 initial cash invested.

-3.7%

Cash On Cash

5.6%

Cap Rate

0.94

DSCR

$2,360

Rent

-$205

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$317k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,570

Downpayment

20%

$63,400

Closing costs

1%

$3,170

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,360

Total Expenses

$2,565

Mortgage P&I

66%

$1,566

Property Taxes

12%

$274

Home Insurance

5%

$111

HOA

0%

$0

Property Management

10%

$236

CapEx

5%

$118

Vacancy

6%

$142

Maintenance

5%

$118

Other

0%

$0

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Comparable Property

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1

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1

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$2,850

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