REI Lense

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$4,748 (target)

4106 Highfield Rd, Royal Oak, MI 48073

3 beds • 2 baths • 1858 sqft

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This property looks like a bad Mid-Term investment with a projected -0.39% first-year return on $121k initial cash invested.

-0.39%

Cash On Cash

6.6%

Cap Rate

1.06

DSCR

$4,748

Rent

-$39

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,748 income − $4,787 expenses = $39 out of pocket

Income$4,748Out of Pocket$39Mortgage P&I$2,55054%Property Taxes$4399%Insurance$1844%Management$57012%CapEx$1904%Vacancy$1423%Maintenance$1904%Other$52211%

Investment Breakdown

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Purchase Price

$491k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$98,240

Closing costs

1%

$4,912

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,748

Total Expenses

$4,787

Mortgage P&I

54%

$2,550

Property Taxes

9%

$439

Home Insurance

4%

$184

HOA

0%

$0

Property Management

12%

$570

CapEx

4%

$190

Vacancy

3%

$142

Maintenance

4%

$190

Other

11%

$522

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