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This property looks like a bad Long-Term investment with a projected -12.54% first-year return on $97,440 initial cash invested.
-12.54%
Cash On Cash
3.66%
Cap Rate
0.62
DSCR
$2,840
Rent
-$1,018
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$464k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$97,440
Downpayment
20%
$92,800
Closing costs
1%
$4,640
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,840
Total Expenses
$3,858
Mortgage P&I
81%
$2,292
Property Taxes
23%
$666
Home Insurance
6%
$162
HOA
0%
$0
Property Management
10%
$284
CapEx
5%
$142
Vacancy
6%
$170
Maintenance
5%
$142
Other
0%
$0
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Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
42585 Prestwick Dr, Sterling Heights, MI 48313 | $3,600 | 4 | 3.5 | 3715 | 1.6 mi |
40526 Woodside Dr, Clinton Township, MI 48038 | $3,750 | 4 | 4 | 2234 | 1.2 mi |
37775 Dodge Rd, Sterling Heights, MI 48312 | $2,450 | 4 | 2.5 | 4050 | 2.1 mi |
40785 Supreme Ct, Sterling Heights, MI 48313 | $3,300 | 3 | 3.5 | 3400 | 0.7 mi |
104 W Rancho Del Cerro | $2,500 | 4 | 2 | 2380 | 1.3 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 0.9 mi | |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
Projection Charts
Investment Value YoY
Annualized Return
Investment projections and seasonality
CoC vs Downpayment
Investment projections and seasonality
CoC vs Purchase Price
Investment projections and seasonality