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$3,276 (target)

40547 Orangelawn Ave, Plymouth, MI 48170

3 beds • 2 baths • 1243 sqft

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This property might be a fair Mid-Term investment with a projected 7.23% first-year return on $75,645 initial cash invested.

7.23%

Cash On Cash

8.56%

Cap Rate

1.43

DSCR

$3,276

Rent

$456

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,276 income − $2,820 expenses = $456 cash flow

Income$3,276Mortgage P&I$1,37042%Property Taxes$2417%Insurance$963%Management$39312%CapEx$1314%Vacancy$983%Maintenance$1314%Other$36011%Cash Flow$456

Investment Breakdown

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Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,645

Downpayment

20%

$54,900

Closing costs

1%

$2,745

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,276

Total Expenses

$2,820

Mortgage P&I

42%

$1,370

Property Taxes

7%

$241

Home Insurance

3%

$96

HOA

0%

$0

Property Management

12%

$393

CapEx

4%

$131

Vacancy

3%

$98

Maintenance

4%

$131

Other

11%

$360

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