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$1,905 (target)

4139 Samoset Rd, Royal Oak, MI 48073

3 beds • 2 baths • 1604 sqft

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This property looks like a bad Long-Term investment with a projected -7.34% first-year return on $56,553 initial cash invested.

-7.34%

Cash On Cash

5.2%

Cap Rate

0.82

DSCR

$1,905

Rent

-$346

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,905 income − $2,251 expenses = $346 out of pocket

Income$1,905Out of Pocket$346Mortgage P&I$1,41874%Property Taxes$22912%Insurance$1106%Management$19010%CapEx$955%Vacancy$1146%Maintenance$955%

Investment Breakdown

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Purchase Price

$269k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,553

Downpayment

20%

$53,860

Closing costs

1%

$2,693

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,905

Total Expenses

$2,251

Mortgage P&I

74%

$1,418

Property Taxes

12%

$229

Home Insurance

6%

$110

HOA

0%

$0

Property Management

10%

$190

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

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