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$5,576 (target)

3595 E Huron River Dr, Ann Arbor, MI 48104

3 beds • 3 baths • 1283 sqft

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This property looks like a bad Mid-Term investment with a projected -15.23% first-year return on $218k initial cash invested.

-15.23%

Cash On Cash

2.85%

Cap Rate

0.47

DSCR

$5,576

Rent

-$2,760

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,576 income − $8,336 expenses = $2,760 out of pocket

Income$5,576Out of Pocket$2,760Mortgage P&I$4,79386%Property Taxes$1,31624%Insurance$3326%Management$66912%CapEx$2234%Vacancy$1673%Maintenance$2234%Other$61311%

Investment Breakdown

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Purchase Price

$950k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$218k

Downpayment

20%

$190k

Closing costs

1%

$9,500

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,576

Total Expenses

$8,336

Mortgage P&I

86%

$4,793

Property Taxes

24%

$1,316

Home Insurance

6%

$332

HOA

0%

$0

Property Management

12%

$669

CapEx

4%

$223

Vacancy

3%

$167

Maintenance

4%

$223

Other

11%

$613

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