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$3,058 (target)

3850 Faber Ter, Waterford, MI 48328

3 beds • 2 baths • 1840 sqft

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This property might be a fair Mid-Term investment with a projected 3.05% first-year return on $79,425 initial cash invested.

3.05%

Cash On Cash

7.25%

Cap Rate

1.22

DSCR

$3,058

Rent

$202

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,058 income − $2,856 expenses = $202 cash flow

Income$3,058Mortgage P&I$1,44447%Property Taxes$2729%Insurance$1013%Management$36712%CapEx$1224%Vacancy$923%Maintenance$1224%Other$33611%Cash Flow$202

Investment Breakdown

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Purchase Price

$293k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,425

Downpayment

20%

$58,500

Closing costs

1%

$2,925

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,058

Total Expenses

$2,856

Mortgage P&I

47%

$1,444

Property Taxes

9%

$272

Home Insurance

3%

$101

HOA

0%

$0

Property Management

12%

$367

CapEx

4%

$122

Vacancy

3%

$92

Maintenance

4%

$122

Other

11%

$336

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