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3649 Wakefield Dr, Troy, MI 48083

4 beds • 2 baths • 2021 sqft

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This property looks like a bad Long-Term investment with a projected -12.83% first-year return on $93,534 initial cash invested.

-12.83%

Cash On Cash

3.66%

Cap Rate

0.61

DSCR

$2,669

Rent

-$1,000

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$445k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,534

Downpayment

20%

$89,080

Closing costs

1%

$4,454

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,669

Total Expenses

$3,669

Mortgage P&I

83%

$2,227

Property Taxes

22%

$596

Home Insurance

6%

$150

HOA

0%

$3

Property Management

10%

$267

CapEx

5%

$133

Vacancy

6%

$160

Maintenance

5%

$133

Other

0%

$0

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