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3642 Orchard Lake Rd, West Bloomfield, MI 48324
3 beds • 4 baths • 2590 sqft
$1,186,700
View on ZillowThis property looks like a bad Long-Term investment with a projected -24.47% first-year return on $249k initial cash invested.
-24.47%
Cash On Cash
1.15%
Cap Rate
0.19
DSCR
$3,729
Rent
-$5,081
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,729 income − $8,810 expenses = $5,081 out of pocket
Investment Breakdown
|
Purchase Price
$1187k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$249k
Downpayment
20%
$237k
Closing costs
1%
$11,867
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,729
Total Expenses
$8,810
Mortgage P&I
162%
$6,032
Property Taxes
37%
$1,379
Home Insurance
12%
$430
HOA
0%
$0
Property Management
10%
$373
CapEx
5%
$186
Vacancy
6%
$224
Maintenance
5%
$186
Other
0%
$0