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37962 Munger Dr, Livonia, MI 48154

3 beds • 3 baths • 1849 sqft

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This property might be a fair Mid-Term investment with a projected 2.7% first-year return on $96,750 initial cash invested.

2.7%

Cash On Cash

7.11%

Cap Rate

1.2

DSCR

$3,994

Rent

$218

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,750

Downpayment

20%

$75,000

Closing costs

1%

$3,750

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,994

Total Expenses

$3,776

Mortgage P&I

46%

$1,845

Property Taxes

11%

$434

Home Insurance

3%

$131

HOA

0%

$8

Property Management

12%

$479

CapEx

4%

$160

Vacancy

3%

$120

Maintenance

4%

$160

Other

11%

$439

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