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40252 Hamilton Dr, Sterling Heights, MI 48313

3 beds • 2 baths • 2344 sqft

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This property looks like a bad Long-Term investment with a projected -11.36% first-year return on $62,769 initial cash invested.

-11.36%

Cash On Cash

3.9%

Cap Rate

0.66

DSCR

$1,992

Rent

-$594

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$299k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,769

Downpayment

20%

$59,780

Closing costs

1%

$2,989

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,992

Total Expenses

$2,586

Mortgage P&I

74%

$1,466

Property Taxes

25%

$496

Home Insurance

5%

$105

HOA

0%

$0

Property Management

10%

$199

CapEx

5%

$100

Vacancy

6%

$120

Maintenance

5%

$100

Other

0%

$0

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