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4031 Emerald Pines Dr, Commerce Township, MI 48390
3 beds • 2 baths • 1391 sqft
$387,600
View on ZillowThis property looks like a bad Long-Term investment with a projected -6.52% first-year return on $81,396 initial cash invested.
-6.52%
Cash On Cash
4.97%
Cap Rate
0.84
DSCR
$2,581
Rent
-$442
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,581 income − $3,023 expenses = $442 out of pocket
Investment Breakdown
|
Purchase Price
$388k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,396
Downpayment
20%
$77,520
Closing costs
1%
$3,876
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,581
Total Expenses
$3,023
Mortgage P&I
74%
$1,917
Property Taxes
10%
$260
Home Insurance
5%
$140
HOA
1%
$35
Property Management
10%
$258
CapEx
5%
$129
Vacancy
6%
$155
Maintenance
5%
$129
Other
0%
$0