REI Lense

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$4,752 (target)

37731 W Meadowhill Dr, Northville, MI 48167

3 beds • 3 baths • 2673 sqft

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This property looks like a bad Mid-Term investment with a projected -1.73% first-year return on $120k initial cash invested.

-1.73%

Cash On Cash

5.98%

Cap Rate

1.01

DSCR

$4,752

Rent

-$173

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,752 income − $4,925 expenses = $173 out of pocket

Income$4,752Out of Pocket$173Mortgage P&I$2,39850%Property Taxes$71615%Insurance$1754%HOA$20Management$57012%CapEx$1904%Vacancy$1433%Maintenance$1904%Other$52311%

Investment Breakdown

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Purchase Price

$485k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$96,900

Closing costs

1%

$4,845

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,752

Total Expenses

$4,925

Mortgage P&I

50%

$2,398

Property Taxes

15%

$716

Home Insurance

4%

$175

HOA

0%

$20

Property Management

12%

$570

CapEx

4%

$190

Vacancy

3%

$143

Maintenance

4%

$190

Other

11%

$523

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