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$2,074 (target)

4114 McKinley St, Dearborn Heights, MI 48125

3 beds • 2 baths • 1134 sqft

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This property looks like a bad Long-Term investment with a projected -2.76% first-year return on $50,043 initial cash invested.

-2.76%

Cash On Cash

6.34%

Cap Rate

0.99

DSCR

$2,074

Rent

-$115

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,074 income − $2,189 expenses = $115 out of pocket

Income$2,074Out of Pocket$115Mortgage P&I$1,27161%Property Taxes$29514%Insurance$844%Management$20710%CapEx$1045%Vacancy$1246%Maintenance$1045%

Investment Breakdown

|

Purchase Price

$238k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,043

Downpayment

20%

$47,660

Closing costs

1%

$2,383

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,074

Total Expenses

$2,189

Mortgage P&I

61%

$1,271

Property Taxes

14%

$295

Home Insurance

4%

$84

HOA

0%

$0

Property Management

10%

$207

CapEx

5%

$104

Vacancy

6%

$124

Maintenance

5%

$104

Other

0%

$0

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