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36417 Weber Dr, Sterling Heights, MI 48310

3 beds • 2 baths • 2974 sqft

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This property looks like a bad Long-Term investment with a projected -8.17% first-year return on $68,607 initial cash invested.

-8.17%

Cash On Cash

4.73%

Cap Rate

0.79

DSCR

$2,420

Rent

-$467

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,607

Downpayment

20%

$65,340

Closing costs

1%

$3,267

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,420

Total Expenses

$2,887

Mortgage P&I

67%

$1,633

Property Taxes

21%

$509

Home Insurance

5%

$116

HOA

0%

$0

Property Management

10%

$242

CapEx

5%

$121

Vacancy

6%

$145

Maintenance

5%

$121

Other

0%

$0

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Comparable Property

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$2,850

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