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$3,610 (target)

39910 Donahue Dr, Clinton Township, MI 48038

3 beds • 2 baths • 3450 sqft

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This property might be a fair Mid-Term investment with a projected 3.52% first-year return on $76,779 initial cash invested.

3.52%

Cash On Cash

7.5%

Cap Rate

1.27

DSCR

$3,610

Rent

$225

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,610 income − $3,385 expenses = $225 cash flow

Income$3,610Mortgage P&I$1,38138%Property Taxes$68019%Insurance$983%Management$43312%CapEx$1444%Vacancy$1083%Maintenance$1444%Other$39711%Cash Flow$225

Investment Breakdown

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Purchase Price

$280k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,779

Downpayment

20%

$55,980

Closing costs

1%

$2,799

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,610

Total Expenses

$3,385

Mortgage P&I

38%

$1,381

Property Taxes

19%

$680

Home Insurance

3%

$98

HOA

0%

$0

Property Management

12%

$433

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$397

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